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Norwich Union – Mortgage Life Insurance with Tax Relief

Norwich Union

Mortgage Life Insurance with Tax Relief

Type: Decreasing pension term assurance

Minimum sum assured/minimum premium: No minimum/£5 a month or £50 a year
Minimum-maximum term: Three-40 years

Options: Guaranteed Replacement Benefit cover option available for those who become ineligible due to exceeding annual contribution limit., terminal illness benefit

Charges: Implicit

Commission: Initial 140% of Lauro plus 10% extra for online applications

Tel: 0845 9000 813


Savers’ safety fears in central scheme

An ABI survey into consumers’ views on personal accounts found 60 per cent fear for the safety of their savings under a centrally administered NPSS as opposed to 47 per cent for an industry model. It also found that 80 per cent of the 2,247 surveyed want some choice over who administers their personal account.

L&G poses a question of choice

Legal & General has brought out healthcare choices, a private medical insurance plan catering for individual and group business.


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