Protection products explained

The world of protection can be a confusing place with a wide range of products providing different levels of cover for different times of your life. If you are puzzled by the terms life and whole of life cover or income protection and unemployment benefit, this jargon buster, courtesy of Bright Grey, is a must-read. Life cover Life Cover is a product that would pay out on death or diagnosis of a terminal illness that meets the policy definition during the plan term. Critical illness cover Critical illness cover pays out on diagnosis of an illness or condition which meets one of...