If
you are an existing Policyholder and would like to
alter
your protection benefits, please contact 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.
Lifestyle
Protection - Horizons
This
is a brief description of this plan and is for information
purposes only as the product is no longer available.
For full details
of all the aims, risks and benefits,
please refer to your Policy
Provisions or contact our Customer Helpline.
Product Description
Horizons is a whole
of life Policy designed to meet your protection needs throughout
your life. This
means there is no maturity date. Horizons also provides the flexibility
to alter protection benefits as your needs change in the future.
Benefits
The valuable
benefits which your Policy provides will be shown on your Policy
schedule. There may be one or more of the following:
Life Insurance
Benefit
If you die during the Policy term this amount will be paid by your Policy and
could be used to repay outstanding loans, provide a financial comfort zone
for your family or provide your family with the means to maintain their standard
of living.
Accidental Death Benefit
If you die as a direct result of an accident, a lump sum will be paid in addition
to the Life Insurance Benefit.
Serious Illness Benefit
If you are diagnosed with one of the serious illnesses covered, the Serious
Illness Benefit will provide a lump sum which could be used to repay outstanding
loans, 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.
Disability Income 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.
Waiver of Premium
Benefit If you are unable to work due to
accident or sickness, we will pay the Policy premiums for
you until you are able to return to work.
Can
I Change My Protection Benefits As My Circumstances
Change?
You can apply to change any benefits at any time.
You can choose to automatically
increase your premiums and / or your protection benefits
each year or just increase your protection benefits. These
increases can be at a fixed rate, or in line with the Retail
Prices Index.
What
Happens If I Stop Paying Premiums?
If your Policy has no cash value, then
your protection benefits will end.
If your Policy has a cash in 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.
For more information
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.
Countrywide Assured plc
is authorised and regulated by the Financial Services Authority.
Countrywide Assured plc can only give advice on Life Assurance and Income
Protection Insurance business of Countrywide Assured plc.
