Life
Policies Direct Life Assurance
Life Policies Direct Life Assurance
Life
Policies Direct are not an insurance company. They are a leading
firm of independent financial consultants providing low-cost
life insurance direct to you, using the most competitive policies
available from leading UK insurance companies.
Which
Life Policies Direct Policy?
Term
Assurance - pays a tax free lump sum in the event of death
during a specified period in return for a fixed monthly, or
annual, premium. At the end of the term the policy finishes
and there is no maturity value. As a result this is the cheapest
and simplest form of life cover available. There are two types
available, Level and Decreasing.
Level
- provides a lump sum which will remain constant during the
term of the plan
Decreasing
- provides lump sum payment which decreases during the term
of the plan
Critical
Illness - is an optional extra under all Term Assurance Plans
which allows for the lump sum to be paid not only on death,
but also in the event of diagnosis of certain critical illnesses,
such as Heart Attack, Stroke, Major Organ Transplant, Blindness,
Total & Permenant Disability etc.
Terminal
Illness - This benefit means that the sum assured will pay
out if you are diagnosed as having less than 12 months to
live - in simple terms an advance payout. Most providers include
terminal illness as standard with no additional cost. Should
not be confused with critical illness which is an entirely
different benefit.
For
further information on Life Policies Direct Life Assurance
visit the Life Policies Direct website.
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