Incresco.co.uk provides independent financial advice, both via the internet and through conventional face-to-face methods, primarily to the new homes market.
Life assurance is simply an insurance policy that pays out a lump sum (the sum assured) in the event of the death of the policyholder, and is necessary to ensure that your family and dependants will not suffer financially if the worse should happen.
Level term assurance is a form of life assurance that pays out if the policyholder dies or, as is the case with some plans, on the diagnosis of a terminal illness, during the term of the policy.
If the policyholder is alive at the end of the term the policy expires and no payment is made. If you stop paying premiums at any stage during the term, the policy lapses and has no value.
A critical illness option is available at an extra cost, where the sum assured is payable on the conclusive diagnosis of a critical illness. Details of conditions covered are contained within the individual provider's product literature, which you can view on-line.
Waiver of premium can also be included at an extra cost; this will pay your premiums if you are unable to work for health reasons.
Level term assurance plans can be taken out on either a single or joint life basis.
Incresco.co.uk offers you the facility to consult, on-line, with qualified Independent Financial Advisers (IFAs), who can provide you with detailed and considered advice on life assurance, critical illness cover, pensions, investments, and other protection products.
Additional information can be found on the Incresco.co.uk Life Insurance website.
(See the links above)
Incresco Life Insurance
