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22 Nov 2019

Life Insurance Advice
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Waiver of Premiums

Waiver of premium Explained

Waiver of premium provides a means of insuring your life insurance monthly premiums.

In the event that you are unable to work through ill health, payments are made until the end of the policy term, a specified age or until you are able to return to work. The payments are made after a set deferment period normally 26 weeks.

Waiver of premium is usually purchased as an optional extra with your life insurance policy. This type of policy does not normally cover unemployment/redundancy.

As with all insurance products, the terms and conditions of policies do vary check the quotes Key Facts documents for each quotation produced.

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Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales Company 5703224. FCA Number 456600