Level Term Assurance
One form, 100s of level term assurance deals!
Level Term Assurance is a life assurance policy for a set time period, such as 25 years, where the sum assured is paid in the event of death during the set term. The policy provides pure protection and there is no cash in value at any time. Level Term Assurance is a low cost way of providing protection for a loan e.g. mortgage or any other specific liability on death before a specified date.
Advantages
- A cost effective type of life assurance in relation to the cover required (sum assured)
- Can be arranged very quickly if you are in good health
- Critical illness insurance can be included
Disadvantages
- Level Term Assurance has no cash in value at any time.
- Medical evidence will be required and possibly a medical examination for those in poor health
To obtain advice on your term assurance options and quotes from leading companies, use our no obligation service which offers:
- Comparison of the entire life insurance market
- FREE quotes from leading providers
- Help and advice from a qualified, independent life insurance advisor
So, if you are not sure which type of life insurance to go for, or simply want someone else to do all the searching for you, click on the link and follow the instructions; you will be put in touch with a specialist advisor who will use the information you provide to find the best life insurance for your needs.
| Insurer | Premium* |
| Via Fair Investment | £5.16 |
| Norwich Union | £6.90 |
| Friends Provident | £7.50 |
| Natwest | £9.80 |
*The figures above are based upon £100,000 life insurance only cover for female aged 30, non smoker and in normal health. Quotation based on 25 year level term and sourced on a guaranteed basis. (details correct as at February 2008)