Additional Benefits ( No Extra Cost) Flashcards
1
Q
What cover is provided under House Purchase cover?
A
House purchase cover provides a free death benefit of £500k, the cover amount applied for or the house purchase price. Whichever is lower.
2
Q
What is life change benefit ?
A
If the policy holder’s circumstances change ( becoming a parent, divorce, increased mortgage, increased salary) they may be able to take out more cover without any further questions been asked.
Note- policy needs to be in place for 6 months prior.