Aviva | Relevant Life Policy
Aviva offers a comprehensive relevant life policy designed to provide significant coverage for employees. Below are the key details of the policy:
Feature | Details |
---|---|
Minimum Cover | There is no minimum amount of coverage required. Driven by minimum premium. |
Maximum Cover | No maximum for life cover only £5,000,000 for increasing cover |
Type of Cover | The following types of cover are available:
|
Minimum Term | 1 year |
Maximum TermThe maximum term for a mortgage. | 50 years |
Minimum Age | 18 |
Maximum Age | 73 |
Premiums | Guaranteed |
Trusts | Policies must be placed into a Relevant Life Plan trust |
Continuation Cover | Included |
Additional Benefits | Protection promise |