LIFE COVER
Guardian’s life cover helps provide financial protection for your client’s family if they die or are diagnosed with a terminal illness.
We offer 2 life covers:
ESSENTIALS
Our standard range, ideal for clients who want quality cover at a more affordable price.
PROTECTION
Our signature range, ideal for clients who want enhanced cover with quality features.
Product overview
Policy details
Basis: Single life or dual life
Premiums: Guaranteed
Pay outs: Lump sum
Type of cover: Level Cover, Increasing Cover (CPIH), Decreasing Cover (8%)
Minimum age at entry: Age 18
Maximum age at entry: Age 64
Age when cover ends: Age 90
Minimum term: 1 year
Maximum term: 72 years
Minimum cover amount: £25,000
Maximum cover amount: £15 million (higher amounts may be available by contacting us directly at underwriting@guardian1821.co.uk)
Key Product Features
Dual life: Both partners’ cover is kept separate
Premium Waiver: Comes as standard with every policy
Optional Children’s Critical Illness Protection: Can be added to an adult policy anytime
Payout Planner: Nominate up to 9 beneficiaries at appication
Protection Menu: Can be mixed and matched with any cover from either our Essentials or Protection ranges
Lifestyle promise: We may be able to reduce smoker’s premiums if they were paying an increased amount and they subsequently stop smoking
Immediate cover: Pays out a maximum of £300,000 before we offer terms
Guaranteed Increase Option: Increase cover with no underwriting, medical evidence, or application form
Additional Services
HALO: Access to tailored medical and legal support at the point of claim
Anytime: At no extra cost access to a GP 24/7, second medical opinions, wellbeing and aches and pains consultations at any time
HALO and Guardian Anytime don’t form part of your client’s contract with us, and we can change or remove the benefits included at any time.
Life Essentials is a fixed-term insurance cover that will pay out the amount covered if either of the
following events happen while the cover is in force:
- Your client dies.
- Your client is diagnosed as being terminally ill and, in the opinion of a UK Consultant, their illness:
- has no known cure or has progressed to the point where it can’t be cured, and;
- is expected to lead to their death within 12 months.
