Premiums

The premium you pay for each policy depends on a number of factors including your age, sex, smoking status, occupation and health.

The premium you pay may vary from year to year and depends on which of the 3 options below you have selected:

Stepped premium: Stepped premiums are the least expensive initially however increase as you get older.

Level premium: Level premiums generally remain the same over the life of the policy. Depending on the policy and subject to your policy date, the premium will be level through to either age 80 or age 65, when it will then automatically change to the stepped premium rate applicable at that time.

Premium Freeze: if you have selected the stepped premium option, you may choose to activate Premium Freeze. Your premium will then remain the same however your sum insured will reduce each year.

Methods of Payment

• Monthly (direct debit, Visa or MasterCard)
• Quarterly (direct debit, Visa or MasterCard, cheque, cash)
• Half Yearly (direct debit, Visa or MasterCard, cheque, cash)
• Yearly (direct debit, Visa or MasterCard, cheque, cash)