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 The Whole Life Assurance Plan is designed to provide a fixed cash sum on death to meet the cost of funeral expenses etc.Who is it for? Anyone from the age of 20 to 69 who is in good health may apply for membership. What are the benefits? Life cover is given after one years premiums have been paid. The minimum sum assured of £1,500 can be increased in increments of £500 to a maximum of £5,000. How much will it cost? Contribution rates depend on your age on joining. The basic sum assured of £1,500 would cost a person aged 29 £2.62 a month or £29.91 a year. (Annual premiums are slightly less because of the reduced administration required). Examples: These examples are limited in what they can show. More detail is contained in the in-depth leaflet which you can request here.
What are the Advantages? Life cover with the opportunity to increase in £500 increments, therefore a fluctuating plan to meet the rise in the cost of funerals etc. How do I Apply? Just complete the on-line enquiry form. |
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