Help & Advice

In Life Assurance, these are issued when all underwriting has been completed. Your acceptance terms provide all of the information about your plan.

An unexpected event, which happens by chance and is not expected in the normal course of events.

An extra charge for an alteration, during the policy period, which increases the hazard or the Company's liability.

Coverage against loss or damage from all perils except those specifically excluded.

This relates to liability insurance and is the total amount of cover provided by the terms of the contract for the contract period, no matter how many separate accidents might occur.

In life assurance, your lender will take an assignment over your plan when the loan is drawn. This ensures that, should anything happen to you, the benefits are paid to lender immediately to repay your mortgage.

Same as "insurance".

Same as "insured".

Same as "insurer" (insurance company).