ageasprotect

YourLife Plan

YourLife Plan offers you Term Assurance, Critical Illness Cover, Family Income Benefit and Income Protection. You can buy just one cover if that’s all you need, or use them to create a complete package. Either way, there’s just one application process.

We’ve taken a fresh look at these types of cover too. We’ve asked customers what it is that they really need from them and tried to make sure our covers meet those needs

One of the things we’ve realised is that many people would benefit from Income Protection on top of their Critical Illness Cover but feel that taking out both covers is too expensive. So we’ve introduced Temporary Disability as an option in our Critical Illness Cover. This gives you short-term income protection if you can’t work because of an illness or injury, even if your condition isn’t on the list of critical illnesses that we cover. It’s not as comprehensive as an Income Protection policy, but it’s not as expensive either.

Low Start

Low Start offers the same great cover as YourLife Plan Term Assurance and Critical Illness with Term Assurance covers at a lower initial cost – allowing you to secure a level of protection that may have previously seemed unaffordable. Premiums then go up gradually each year at a rate that’s guaranteed at outset. Although the cost over the whole term will be higher than for a ‘traditional’ plan, the premium for each year of the term is fixed and you can opt out of the increase or switch to level premiums at any time by reducing the sum assured.

In the past, other insurers have introduced ways to make premiums more affordable at the start of a contract – but this usually meant that the cover was annually renewable and that you didn’t know how much the premiums would be in future years.

Low Start is different. We guarantee from day one how much the premiums will be for the entire period of the cover.

In the current economic climate Low Start could help you afford the level of protection that’s right for you – whatever your budget.

Real Life Cover

Most of us take out life insurance because we don’t want our family to struggle financially if we die. But while we’re under 65, we’re much more likely to be off work for six months or more through illness or injury than we are to die. Life insurance won’t pay anything then. Income Protection and Critical Illness Cover would help. But for many of us, the leap in price from life insurance to this kind of cover is just too great.

Real Life Cover is different. It combines life insurance, income protection and limited critical illness cover in one plan. But it only covers you for the things that are most likely to stop you earning a living or caring for your family, so you pay less than you would if you bought life insurance with traditional income protection and critical illness cover