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Skandia Life Insurance
Skandia offers two life insurance products: Skandia Protect and Skandia Plan. One is a comprehensive and flexible life protection plan and the other one is regular life protection plan. Both plans can be customized to fit your specific life concerns and needs.With Skandia Protect, you can choose from three types of policies: fixed-term, rolling term, or guaranteed whole life cover.
A fixed-term policy covers you for a specified term, between 5 and 50 years. Premiums are guaranteed never to change during the duration of your term, unless you want to increase them because of a need for increased coverage. There is no renewal after the term has ended.
A rolling term policy covers you for a minimum of 10 years. When the 10 years are up, you have a choice of extending your policy for another 10 years. This process can be repeated. It's ideal for those that don't know how long they want to have their life insurance plan for, because it allows them to renew their policies incrementally.
A guaranteed whole of life cover will protect you the duration of your life. Premiums are guaranteed never to change. The only exception is if you decide you want additional coverage.
From these three Skandia Protect policies, you can add optional covers for additional protection. You can opt for a total permanent disability cover, premium protection cover, cover reinstatement option, accidental death cover, disability conversion cover, terminal illness cover, inflation option and guaranteed increase options.
Skandia Life offers great flexibility with their life insurance policies. If you want to compare Skandia Life plans with ones from other leading life insurance providers in the UK, request for free online quotes here and they'll be delivered to you in minutes.
Insurance Source Premium* Natwest £9.80 with LifeCoverCoach.com £5.00 LV= £6.17 Bupa £8.00 *The figures above are based upon this configuration: 30 years of age, Female, £100,000 life insurance only, non smoker, normal health conditions, 25 year level term, and guaranteed basis. (this info is correct as at September 2009)
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