This cover will pay out if death occurs, and provides an income per year for the term remaining on the policy. For example, for a 20 year term, where the claim occurred after five years, there would be 15 annual payments made in total.

The payments are not normally subject to income tax but may impact some state benefits.

THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

STOCK DATA
Value Move %
FTSE 100
7519.29 5.85 0.078
FTSE 250
19933.57 -212.609 -1.055
FTSE 350
4180.13 -4.01 -0.096
FTSE All Shares
4145.58 -4.7 -0.113
Dow Jones
31684.49 -195.75 -0.614
Nasdaq
11188.378 -346.896 -3.007