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. Payments can paid out either monthly or annually.

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
9321.4 12.2 0.131
FTSE 250
22077.23 259.391 1.189
FTSE 350
5103.59 12.9 0.253
FTSE All Shares
5049.47 13.2 0.262
Dow Jones
45631.74 846.238 1.89
Nasdaq
21487.225 386.912 1.834