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Post Office Life Insurance
Post Office Life Insurance offers three types of life insurance policies that can help protect you against some of life's unforeseen and unfortunate events. These are plans include level term and decreasing term covers. The policies themselves are provided and underwritten by Aviva Life and Pensions UK.Post Office Over 50's Life Cover
The Post Office Over 50's Life Assurance provides a cash sum when you die that can help your family with funeral costs or clear debts. The maximum payout for this plan is Up to £20,375 (female) Up to £17,386 (male) however you should note that this depends on individual circumstances, one other thing to note is that thie Over 50's Life Insurance plan however doesn't pay out when you have a critical illness.Post Office Level Life insurance
Under the Level Term Post Office life insurance cover, you will be protected for a period of time. In the event that you die or are diagnosed with a terminal illness, you will be paid a cash sum. The amount that the cash sums pays out remains the same, regardless of when you die during your term.Post Office Decreasing Life insurance
The Decreasing Term Post Office life insurance cover is often used to protect the repayment of a loan. The most common type of loan this is used to protect against is a mortgage loan. When you die, you can know that the mortgage that goes to provide sheltering for your loved ones will continued to be paid. Typically, Decreasing Term covers are cheaper, because the both the benefit and the premiums decrease over time, as the amount of the loan, decreases.You can classify this as post office mortgage protection insurance.
Post Office Income Protection
Although, post office income protection insurance isn't provided, it can be a very useful life insurance coverage to have, there are typically two kinds of income protection assurance, it's either a short term or a long term income protection insurance. Let us help you find the best income protection insurance today! Apply for a critical illness income protection insurance now.| Insurer | Premium* |
| with LifeCoverFinder.com | £5.00 |
| Natwest | £9.80 |
| Bupa | £8.00 |
| LV= | £6.17 |
*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 September 2009)