Permanent Total Disability insurance explained Permanent Total Disability cover pays out the sum assured when the life assured is diagnosed as being permanently unable to work again ... Continue reading
What is ‘Permanent Health Insurance’? Permanent Health Insurance is an insurance which may be optional or required in relation to a housing loan. PHI can be arranged as an ... Continue reading
What is ‘serious illness’ or ‘specified illness’ cover Serious illness (sometimes also called specified illness) is a type of cover that pays out in the event of the life assured experienci... Continue reading
Group Mortgage Protection Cover The housing loan lender is obliged under the Consumer Credit Act 1995, section 126(1) to arrange at least one group or block policy wit... Continue reading
Mortgage Protection explained Housing loan lenders will usually insist on borrower's having a Mortgage Protection assurance policy as a form of collateral security.... Continue reading
What is Permanent Health Insurance (PHI) Permanent Health Insurance is an insurance which may be optional or (rarely) required in relation to a housing loan. PHI can be arrang... Continue reading
Types of life cover, term assurance and whole of life Temporary Assurances Temporary assurances (term assurance) provides life assurance and /or serious illness cover for a fixed period (c... Continue reading