Lifestyle
insurance protection or Lifestyle income protection
insurance as it is commonly otherwise known,is
a relative newcomer to the arsenal of protection
products that exist in the UK today to over you
against Accident, Sickness and Unemployment.
LIFESTYLE INSURANCE QUOTE
Why is Lifestyle Insurance different ?
Although one could argue that Lifestyle insurance is just a repackaged version of the other PPI products it varies from the other protection products in three major ways
1. The Benefit paid each month is not tied to your assests or your income. Therefore..
2. It is available to everyone, regardless of mortgage status.
3.You chooose the amount of cover you require to continue your current lifestyle.
Lifestyle insurance is flat rated around age bands, and is now available by monthly premiums payable by direct debit, with TAX FREE benefits paid monthly after the excess period of your choice .
You can also insure much higher limits to protect
your lifestyle, now up to 50% of your gross income
amount (that is your income including tax), or
£1500, whichever is less per month under our lifestyle
insurance policy. This is generally half as much
again as perhaps is available under a standard
mortgage protection policy elsewhere.
Benefits are paid tax free which means that you should think about your net costs when calculating how much you will need each month to protect your lifestyle
Simply tell us how much you want to cover yourself
for and we will tell you the monthly cost - Lifestyle
insurance cover can start from as little as a
£2 a week dependant upon your age!
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