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Term cover
When you take on a major financial commitment like a mortgage you’re investing in your future. But if that future also involves family, it’s worth making sure that you’ve provided for them in the unexpected event of your death.
Term cover is a form of life assurance that runs for a pre–agreed length of time. As such, it could be the answer if you’re looking to protect mortgage repayments.
If the policy holder dies during the term, a tax–free lump sum is paid out. If not, the cover ends and no payment is made. For this reason, premiums tend to be cheaper than those for whole of life cover, which guarantees the payment of a lump sum.
Your Barclays Financial Planning Manager can help you find the right protection plan for your circumstances.
Important Information
It is important that all information requested at application is answered fully and truthfully. Any information that is withheld at application may result in subsequent claims under the policy being declined. In some cases we may need medical information before we agree to provide cover. You must pay the required premium by the date(s) specified during the period of cover, otherwise your policy may be cancelled. All cover is subject to terms and conditions, which will be fully detailed in your policy document.
With Barclays Financial Planning you get:
- No upfront questions - just tell us when's convenient and a specialist will call back to run through the application.
- Free cover during the processing period.
- Terms offered on most applications within five days.
For more information call 0800 587 2024 to book an appointment or request a call back.
Why Barclays Financial Planning?
With financial planning you'll get expert insights and professional advice to help you make the right decisions.
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Our Financial Planning Managers are here to help you.
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