Life changes, so it's important your life cover keeps up. Egg.com Life Insurance includes many benefits you might not have considered, such as early payment if you develop a terminal illness, monthly payments to spread the cost and great value premiums. You also have the option of protecting yourself with critical illness insurance.
With Egg.com life insurance and Egg.com critical illness insurance you are free to choose the amount and length of cover that suits you. Having life insurance and critical illness insurance gives you and your family the knowledge that they'll be protected should the worst happen.
Have you considered the effect a critical illness could have on your lifestyle? In addition to a possible loss of earnings, you may have to pay extra to adapt your home or car, or pay for special equipment. You may even face expensive medical bills should the right care not be available immediately on the NHS.
With monthly direct debit payments to spread the cost, you will find it's not only easy to budget but there are also no worries about forgetting to pay your bill.
You have the ability to decrease your cover, should your circumstances change, or apply for more cover. You never know what's around the next corner, whether it's a promotion at work, a new home or an addition to your family.
If you have Egg.com life insurance and are diagnosed with a terminal illness (and are not expected to live longer than 12 months) you can receive your benefit whenever you want it.
If you have critical illness insurance, you are also covered in the event of total permanent disability.
With critical illness insurance, your children aged between 3 and 17 get critical illness cover of one quarter of your benefit, up to a maximum of £10,000.
Egg.com life with critical illness insurance (decreasing cover)This policy provides a lump sum to repay the outstanding balance on a standard repayment mortgage if you die or are diagnosed with a critical illness. It's called 'decreasing cover' because the amount of benefit decreases each year, as the amount owed on the repayment mortgage reduces. You can choose single or joint cover, in either case the benefit can only be paid out once.
Alternatively, if you're diagnosed with a terminal illness and are not expected to live longer than 12 months you can receive your benefit whenever you want it. You're also covered in the event of total permanent disability. If you have any children aged between 3 and 17 they'll also get critical illness cover of 25% of your benefit, up to a maximum of £10,000.
Egg.com life and critical illness insuranceThis insurance provides a lump sum on diagnosis of a critical illness or if you should die during the cover period. A lump sum payment like this may be more suitable if you have an interest only mortgage. You can choose separate life and critical illness cover amounts and if you receive a pay out for critical illness your life insurance remains in force. For extra flexibility, each person can take out their own policy to suit their own personal requirements.
If you are diagnosed with a terminal illness and you're not expected to live longer than 12 months you can receive your benefit whenever you want it. You are also covered in the event of total permanent disability. If you have any children aged between 3 and 17 they'll also get critical illness cover of one quarter of your benefit, up to a maximum of £10,000.
Egg.com life insuranceThis insurance provides a lump sum if you die during the cover period. A lump sum payment like this may be more suitable if you have an interest only mortgage. For extra flexibility, each person can take out their own policy to suit their own personal requirements.
If you are diagnosed with a terminal illness and you're not expected to live longer than 12 months you can receive your benefit whenever you want it.
Egg.com critical illness insuranceThis insurance provides a lump sum on diagnosis of a critical illness during the cover period. A lump sum payment like this may be more suitable if you have an interest only mortgage. For extra flexibility, each person can take out their own policy to suit their own personal requirements.
If you have any children aged between 3 and 17 they'll also get critical illness cover of 25% of your benefit, up to a maximum of £10,000. You are also covered in the event of total permanent disability.
Your CommitmentYou agree to pay a regular monthly premium for the selected term. Egg.com may not pay out if you do not disclose any requested information. Your circumstances may change, forcing you to stop paying premiums. If you stop your premiums your cover will cease after one month. This policy has no cash-in value at any time, including if you live until the end of the term.
Additional information can be found on the Egg.com Life Insurance website.
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