What is dual life cover?
This cover is on two lives. If both people die during the term, the payment on death of each life is covered by the policy on death.
Is Royal London any good?
Royal London was also awarded 'Best Protection Provider' at Money Marketing's 2022 awards. It was also awarded 'gold' for a number of its products, including life protection, mortgage protection, family income benefit and income protection by the Finance and Technology Research Centre.
Can I get my money back from Royal London?
If there's genuine error involved in the payment of contributions, the contributions can be returned.
Is mortgage protection mandatory in UK?
Mortgage protection insurance isn't compulsory, but you should think very carefully about how you will keep up mortgage repayments if you find yourself out of work for a while. You might choose to do this using mortgage protection insurance, or with some other method.
Our Mortgage Protection insurance offers you a broad range of benefits including the option to add Specified Serious Illness Cover to your policy and to select Dual Life cover for the same price as Joint Life cover. Why choose our Mortgage Protection? With our Mortgage Protection you can enjoy a range of features that give you excellent value for money and cover you can rely on: Get covered for as little as €10 a month (including 1% Government levy) - Our premiums are some of the most ...
What is mortgage life insurance?
Mortgage life insurance is designed to pay off the rest of a mortgage when the policy holder dies. Decreasing cover is a type of mortgage life insu...
How much Decreasing cover can I have?
The maximum cover amount of life cover you can have with us is £500,000. This is the maximum as a lump sum pay out. This amount applies across all...
What is Level cover?
Level cover is life insurance where the payout amount stays the same over the term of the policy. The monthly payments also stay the same over the...
What is the difference between Level and Decreasing cover?
To put it simply, Level cover is life insurance where both the monthly payments and the payout amount stay the same over the length of your policy....
Will I need to provide medical information?
Yes, when you apply, you’ll need to answer some health and lifestyle questions. You need to answer these questions accurately and honestly.
How long do I need to make payments for, and can I reduce my monthly payment?
You’ll need to keep making monthly payments throughout the period of cover, unless you die or a terminal illness diagnosis has been confirmed. If t...