Level Term Life Insurance

Your amount of cover stays the same throughout the life of the policy so no matter when you die the pay-out will still be the same.

The most widely chosen type of policy.

  • Lump sum pay-out to your named beneficiaries so that your family can continue in comfort
  • Can be used to secure an interest only mortgage
  • Indexation could be add to the policy so the value does not reduce over time
  • Terminal Illness Cover included for free
  • Legal & General 2015:
    97.9% of life insurance claims paid
    91.5% of critical illness insurance claims paid
    (Source: Legal And General)

Whats Included

Some Other Brokers

Cover can start from £10 per month

Get Cover In Just 15 Minutes

Numerous Other Insurance Products

Get £100 cash back for each friend or family member you refer to us, (must hold a policy for at least 3 months).

We manage your account for the duration of your policy

Free Trust Writing Service

Whats Included

  • Cover can start from £10 per month
  • Get Cover In Just 15 Minutes
  • Numerous Other Insurance Products
  • Get £100 cash back for each friend or family member you refer to us, (must hold a policy for at least 3 months)
  • We manage your account for the duration of your policy
  • Free Trust Writing Service

What Does It Cover?

You can select an amount of cover with the policy OR you can work to a monthly budget if you have a figure in mind. Our specialists will go over your options on the phone.

Level Term comes with Terminal Illness coverage as a standard feature – so if you are unfortunately diagnosed with a terminal illness and have been given less than 12 months to live, it’s YOUR choice if you want the policy to pay out whilst you are still alive.

Got a Question?

Just ask your account manager to explain everything.
Get a Quote

How Does It Work?

Level Term polices will protect you for a fixed period of time, of which you decide. This could be until your children are old enough to support themselves or until you retire or even to age 80 or 90, it’s up to you.

You pay a monthly premium for your cover, and if death occurs within the specified period your loved ones could be taken care of financially, making a difficult time a little easier for them.

F.A.Q's

The Financial Conduct Authority

The FINANCIAL CONDUCT AUTHORITY (FCA) – is a financial regulatory body in the United Kingdom, but operates independently of the UK government, and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the UK’s financial markets. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

The Financial Conduct Authority | 12 Endeavour Square London E20 1JN

Insured Life is a trading name of PBS & Co (UK) Limited (FCA Registration Number: 732728).

PBS & Co (UK) Limited 19 Oxford Road, Bournemouth, England, BH8 8GS United Kingdom.

Whose Products Do We Sell?
  • We offer products from a range of insurers for life insurance and critical illness cover.
  • We offer protection products from a limited number of insurers for Whole of Life and Over 50s plans. A list of insurers we offer insurance from is available on request.
  • As we’re not tied to any ONE provider we are able to search our panel of insurers and find you the best price available to us.
  • We sometimes get preferential rates on selling policies which we pass on to you.
  • We are paid a commission by each insurer for setting up your policy – it costs you nothing to use our service.
What Service Do We Offer?

 

  • We are authorised by the FCA to advise our client on their protection needs. Our advisers will assess your demands and needs and recommend a suitable product that will protect you and your family. We get to know our clients and help them to decide on the right cover for the right price from a panel of leading UK insurers.
  • We will ask you a number of questions designed to make you think about the shortfall in your income in the event of the death of a partner or breadwinner. Our questions are simple and our advisers avoid jargon making it easy for clients to understand
How Much Does Our Service Cost?
  • NOTHING – We do not charge a fee for our service; however, if you take a policy out through us we will be paid by commission from the insurer, but it still costs you nothing.
  • You will receive a quotation which will tell you about any policy premiums relating to any particular insurance policy.
  • We will put your life insurance policy into TRUST for FREE – this means that it may not be counted as part of your estate when you pass away and could secure it from the taxman – why should you lose your payout to the taxman’s inheritance tax?
Who Regulates Us?

Insured Life is a trading name of PBS & Co (UK) Limited who are authorised and regulated by the Financial Conduct Authority (FCA) for insurance mediation under the firm license number: 732728

Our permitted business is administering and arranging general insurance contracts. You can check this on the FCA’s Register by visiting the FCA’s website.

PBS & Co (UK) Limited 19 Oxford Road, Bournemouth, England, BH8 8GS.

Have a Complaint?

If you wish to register a complaint, please contact us:

In writing: PBS & Co (UK) Limited | C/O InsuredLife Complaints Department.

19 Oxford Road, Bournemouth, England, BH8 8GS United Kingdom.
By Telephone: 0800 037 3000

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service. Please ask us for more information.

Are We Covered by the Financial Services Compensation Scheme?

We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.

Insurance advising and arranging is covered for 90% of the claim with no upper limit.

Further information about compensation scheme arrangements is available from the FSCS.

http://www.fscs.org.uk/