Ageas Protect enters relevant life cover market

clock

Ageas Protect has entered the relevant life insurance market with the launch of an individual proposition.

Relevant life insurance allows businesses which may be too small to establish group schemes to offer life insurance for their employees. Ageas Relevant Life Insurance offers a policy written into trust for the insured beneficiaries from the outset, using a discretionary (split) trust to provide the policy benefit should the employee die or be diagnosed with a terminal illness. It also offers between 15 and 25 times the maximum salary amount. Group schemes usually provide cover up to four times salary amount. The plan also includes free medical advice from Best Doctors and child ber...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Critical Illness

Royal London adds new and updated definitions to critical illness cover

Royal London adds new and updated definitions to critical illness cover

Effective immediately

Hemma Visavadia
clock 22 March 2022 • 2 min read

Dermot Brannigan: An IFA's personal perspective on CI cover's importance

'How would you cope if your partner contracted an illness?'

Dermot Brannigan
clock 22 July 2020 • 8 min read

David Woollett: Are your clients in the know about CI cover?

Phoenix has contacted more than a million customers

David Woollett
clock 25 July 2018 • 4 min read