Ageas Protect enters relevant life cover market


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...

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