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Index linked term assurance |
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Index linked term assuranceTerm assurance in which premiums are increased in line with the retail price index and hence the sum assured is increased.Similar MatchesLife assurance premium reliefLife assurance premium reliefA tax relief of 15% on the premiums paid into long-term insurance policies. Applies only to policies lasting for more than 10 years and issued before March 13, 1984. Index linked family income assuranceIndex linked family income assuranceFamily income assurance in which the assured may, if he or she chooses, increase premiums in line with the retail price index and hence increase the sum assured. Level term assuranceLevel term assuranceLife assurance that pays out a set amount throughout the entire agreement if you die during the term. Term assuranceTerm assuranceA life insurance policy in which cover is provided for a specified period of time (the term). The sum assured is paid if the death of the insured occurs during the term. If the insured survives the term, the contract ceases and no benefit is payable when the individual subsequently dies. Life assuranceLife assuranceAn insurance policy which, in return for the payment of regular premiums, pays a lump sum on the death of the insured. In the case of policies limited to investments which have a cash value, in addition to life cover, a savings element provides benefits which are payable before death. In the UK endowment assurance provides life cover or a maturity value after a specified term, whichever is the sooner. Further Suggestionsfamily income benefit (family income assurance)industrial life assurance contingent assurance Decreasing term assurance unit linked endowment assurance joint life assurance unit linked whole of life assurance renewable term assurance Life assurance decreasing term assurance bancassurance assurance endowment assurance unit linked life assurance |
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