This cover will pay out if death occurs and provides an income per year for the term remaining on the policy. For example, for a 20-year term, where the claim occurred after five years, there would be 15 annual payments made in total. Payments can paid out either monthly or annually.
The payments are not normally subject to income tax but may impact some state benefits.
London Stock Exchange
| Value | Move | % |
| FTSE 100 | ||
| 8634.8 | 51.99  |
0.606 |
| FTSE 250 | ||
| 19590.86 | 115.379 |
0.592 |
| FTSE 350 | ||
| 4703.28 | 28.25 |
0.604 |
| FTSE All Shares | ||
| 4651.47 | 27.85 |
0.602 |
| Dow Jones | ||
| 41989.96 | -11.801  |
-0.028 |
| Nasdaq | ||
| 17449.89 | 150.604 |
0.871 |
Currencies
| Value | Move | % |
| 0 | ||
| 1.197 | 0.004  |
0.303 |
| GBP/NOK | ||
| 13.516 | -0.048  |
-0.354 |
| 0 | ||
| 12.934 | -0.029 |
-0.221 |
| GBP/USD | ||
| 1.293 | 0.001 |
0.07 |
Biggest Movers
| Value | Move | % |
| SEGRO | ||
| 795.6 | +52.4 |
+7.05 |
| easyJet | ||
| 477.8 | -18.1 |
-3.65 |
