A guide to the jargon of protection Assured A person or persons who are insured under the terms of a protection policy. Convertible Term Assurance A term assurance plan that gives the owner the option to convert the policy to a whole-of-life contract or endowment, without the need for medical checks. Critical Illness Cover Critical Illness Cover is an insurance plan… Continue reading Glossary
Category: Protection
Life assurance
When you should review your life assurance requirements Life assurance helps your dependants to cope financially in the event of your premature death. When you take out life assurance you set the amount you want the policy to pay out should you die, this is called the ‘sum assured.’ Even if you consider that currently… Continue reading Life assurance