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UK Life Insurance Products
Life Insurance Plans. If you have a family, then life insurance is probably one of the most valuable purchases you can make; however, it need not be expensive and, from just a few pounds a month, you can provide your family with some peace of mind. If you are unfamiliar with the way in which life insurance works, then, in a nutshell - with a good life insurance policy - for a small monthly fee, in the event of your unexpected death, your mortgage could be paid off, or/and a lump sum payment provided to your family. The last thing one wants is for their family to be worrying about how to pay the bills or keep a roof over their heads; a good life insurance policy makes sure they won't.
engage Mutual Over 50's Life Cover Plan, as the name suggests, provides life insurance for people
aged 50 and over. Any UK resident, aged between 50 and 80 may apply for the life insurance product, and engage Mutual guarantees to accept applicants without requiring a medical examination. The plan also has low-cost insurance premiums guaranteed never to increase. This whole of life insurance plan pays out on death and has no cash in value at any time (i.e. it is " life insurance" as opposed to " life assurance").
Post Office Life Insurance, provided by Norwich Union Life and Pensions Ltd, is a simple and cost-effective way to pay off your mortgage balance or to leave your family an amount of cash when you die. Post Office Life Insurance is available to anyone aged between 18 and 66 and is a UK resident. Joint life-insurance cover is also available, and your life insurance cover begins as soon as you have approved. Depending on the type of Post Office life insurance cover you choose, it pays either a fixed cash sum or may help to pay off the balance of your mortgage.
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