The valuable benefits which the Policy provides will be shown on your Policy schedule. There may be one or more of the following:

Death Benefit
If you die during the Policy term this amount will be paid by your Policy and could be used to repay a mortgage loan, provide a financial comfort zone for your family or provide your family with the means to maintain their standard of living.

Critical Illness Benefit
If you are diagnosed with one of the critical illnesses covered, the Critical Illness Benefit will provide a lump sum which could be used to repay a mortgage loan, to pay for expensive medical treatment or provide the means to buy specialist equipment to aid recovery or to maintain an acceptable standard of living.

Mortgage Payment Protection Benefit *
If you are unable to work due to sickness or accident, we will pay you a monthly benefit to help you meet your mortgage payments. This additional source of income is designed to help relieve the serious financial strain a sudden drop in income can put you and your family under.

*This benefit is only available on some Policies. Your Policy Provisions will show you if this benefit is available to you.

Alternatively, please call our Customer Helpline free on 0800 262536 Monday to Friday, between 8.00 a.m. and 6.00 p.m. A member of the team will be happy to help you.

Premium Protection Benefit
If you are unable to work due to sickness or accident, we will pay the Policy premiums for you until you are able to return to work.

Is My Policy Guaranteed To Pay Off My Mortgage?
The Home Purchase Plan is a unit linked Policy. This means the value of your Policy at maturity is dependent on fund growth. Your Policy is reviewed regularly to monitor it’s growth in line with expectations. If your review highlights a possible shortfall, we will advise you of the increased premium required to put you back on target. More information is available in our Endowment Policyholder section.

Can I Change My Protection Benefits As My Circumstances Change?
		You can apply to change any of your protection benefits at any time.
		If you are moving house and require an increase in Death Benefit, you will usually be able to increase your cover. If you meet some basic criteria, this could be without further medical information. If you increase the period over which your mortgage is to be repaid, you may be able to increase the term of your Policy, again without the need for further medical information.
More information on the options available can be found in our When Your Needs Change leaflet.
What Happens If I Stop Paying Premiums?
		If your Policy has no value, then your protection benefits will end.
		If your Policy has a value, then your protection benefits will continue. The cost of maintaining your protection benefits will be deducted from the value of your Policy until this value has run out. Your protection benefits will then end.
		If you stop paying premiums and cash in your Policy in the early years, the amount you will get back will be very small. It is unlikely that you will be able to pay off your mortgage.