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Tuesday August 30

Instant Term Assurance Quotes..

  1. Level Term Assurance Quote
  2. Decreasing Term Assurance Quote
  3. Increasing Term Assurance Quote
  4. Family Income Term Life Assurance Quote
  5. Term Life and Critical Illness Policy
  6. Mortgage Term Life Assurance

 

Instant Term Assurance Quote

Term assurance is one of the simplict forms of life assurance available. If you have a need for life assurance for a specific term then term assurance could be the best way to protect your family or dependents,

The internet has made comparing term assurance providers premiums simple in the last few years. If you know the type of term assurance you require with our new interactive quote system you can enter the type of cover you require the sum assured and the term of the policy and you can compare the term assurance providers premiums in less than a minute.

You can obtain as many free instant quotes as you like to find the best term assurance policy to suite your needs, and we will email you a copy of the term life assurance quotes to you.

Alternatively If you are not certain which type of life assurance you require please call one of our qualified advisers for advice on 0845 262 2226.

Term assurance is one of the best things you can do to take care of your family financially in the event that one day you’re not around to do so. If there are people who can't afford to lose you, you can't afford to be without life assurance.

Types of life Assurance

There are many types of term assurance available in the market if you are unsure which type of term assurance you require we also offer independent financial advice with the same cheap premiums. Below is an overview of the types of cover available on instant term assurance quote.co.uk,

Level Term Assurance

Level Term assurance is a policy that pays a fixed tax-free lump sum ( the sum assured ) upon the death of the life assured or upon diagnosis of a terminal illness (this is defined as where the life expectancy is less than 12 months), within the term of the policy. Term assurance has not surrender value and if no claim occurs during the policy term there is no cash payout at the end of the policy term the policy ceases.

Decreasing Term Assurance

Decreasing Term assurance is a policy that pays a reducing tax-free lump sum ( the sum assured ) upon the death of the life assured or upon diagnosis of a terminal illness (this is defined as where the life expectancy is less than 12 months), within the term of the policy. Decreasing term assurance has no surrender value and if no claim occurs during the policy term there is no cash payout at the end of the policy term the policy ceases.

Decreasing term assurance is typlically used to cover a repayment mortgage and the interest rate set is typically 8%. As the benefit amount reduces in line with your projected mortgage amount there could be a potential shortfall in cover in the event of a calim though some providers will guarntee to repay you mortgage balance.

Increasing Term Assurance

Increasing term assurance is a policy that pays an increasing tax-free lump sum ( the sum assured ) upon the death of the life assured or upon diagnosis of a terminal illness (this is defined as where the life expectancy is less than 12 months), within the term of the policy. Increasing term assurance has no surrender value and if no claim occurs during the policy term there is no cash payout at the end of the policy term the policy ceases.

With increasing term assurance the benefit can typically be set to rise in line with a set percentage rate or RPI though this will vary between providers. As the benefit rises the monthly premiums will also rise but this percentage even on guarnteed prmiums.

Family Income Term Assurance

Family income term assurance commonly known as family income benefit: this pays a monthly benefit instead of a lump sum, upon the death of the life assured or upon diagnosis of a terminal illness (this is defined as where the life expectancy is less than 12 months), within the term of the policy. Family income term assurance has not surrender value and if no claim occurs during the policy term there is no cash payout at the end of the policy term the policy ceases.

With family income term assurance you can also have an incrwssing benefit that can typically be set to rise in line with a set percentage rate or RPI though this will vary between providers. As the benefit rises the monthly premiums will also rise bu this percentage even on guarnteed prmiums. Thsi can be benefical in a claim as the monthky benefit will continue to rise by the set increse until the policy ceases.

Term Life & Critical illness Assurance

Term life and critical illness assurance is a policy that pays out a tax-free lump sum upon diagnosis of a qualifying critical illness (defined by the specific assurance companies)or death, within the term of the policy.

Term life and critical illness has no surrender value and if no claim occurs during the policy term there is no cash payout at the end of the policy term the policy ceases.

 

Instant term Assurance Quote Guarantee

Instant term assurance quote.co.uk guarantee that at the time of application you will not get cheaper like for like cover as we reinvest 50% of the initial commission the provider pays us back into your life assurance policy.

* Term assurance quote correct as of 29/04/2010 and applies to a Level term assurance quote for a 38 year old, non-smoker male & 35 year old, non-smoker female, £200,000 sum assured over a 20 year term.

 

Instant Term Assurance Quote .co.uk is a trading style for website purposes of Go Direct UK Ltd.

Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Services Authority Registered in England & Wales Company 5703224

All financial advice will be provided by Go Direct UK's advisors

Online Term Assurance Quotes - Instant Term Assurance Quote .co.uk