Provider, Best Insurance, has launched a life insurance product that has been developed with mutual insurer, Shepherds Friendly.
The product is available on a single life decreasing or level term basis for UK residents aged between 18-60, providing a maximum lump sum of up to £500,000 on death or to those diagnosed with a terminal illness during the term of the policy. There is a minimum term of five years for this product and a maximum of 40 years, with the policy covering applicants up to the age of 70. However, all applications must be received before a customer's 61st birthday. While the minimum payout across all policies is £10,000, the maximum amounts available are graded according to the age at which the...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.