20 Matching Annotations
  1. Dec 2021
    1. Covéa Life Limited

      Underwriter: Covéa Life Limited

    2. he cover amount shall be paid as a one-off lump sum payment.

      Funeral benefit: No

    3. You have a 30 day ‘cooling off’ period d

      Days to cancel and get refund: 30

    4. You can still cancel your policy at any time after the ‘cooling off’ period ends, but we won’t refund your premiums

      Cancellation fee after 14: No refund

    5. you can change your mind. If you cancel your policy within this period, we will refund any premiums you have paid.

      Cancellation fee within 14: £0

    6. f at any time you don’t pay your premium when it is due, we will write to you to let you know and will allow you 30 days to pay the outstanding premium.

      Missed payment allowance: 30

    7. £100

      Max pay in: £100 per month

    8. Our Over 50s Whole of Life Product is not a savings or investment plan and it has no cash in or surrender value at any time

      Cash in?: No

    9. covered

      Serious illness payout: Not mentioned

    10. You are covered regardless of what causes your death. So you are covered if you die of disease, natural causes, illness or anything else.

      Terminal illness benefit: Not mentioned

    11. The level of cover amount you have chosen is set out in the policy schedule and will be fixed for the cover period

      Level or increasing cover?: Level

    12. If you were to die after you have had the policy for three years or more we will pay the cover amount

      Waiting period: 36

    13. If you die during the first three years other than as a result of accidental death we will not pay the cover amount but will pay out an amount equal to the premiums you have paid.

      Cover amount for non-accidental death in waiting period: 100%

    14. If you were to suffer an accidental death during the first three years of your policy we will pay the cover amount

      Accidental death in waiting period: full payout

    15. premium

      Protected payout: Not mentioned

    16. you need to pay

      Payment holidays: No

    17. Your premium is fixed from the start date and we promise not to increase it.

      Reducing monthly payments: No

    18. 80

      Maximum age: 80

    19. 50

      Minimum age: 50

    20. On your 90th birthday you will no longer have to pay any further premiums but your cover will continue for the rest of your life.

      Age premiums stop: 90