Usually policies are arranged on a joint life first death basis, or a single life basis.
Family Income benefits policies can be arranged paying out on death a regular amount either monthly or annually. Policies can be written in Trust to ensure the benefits reach the intended person, without any unnecessary delay. Life cover can be written on a level term or a whole of life basis ensuring the level of cover does not decrease
Life cover can be written on a level term or a whole of life basis ensuring the level of cover does not decrease. Decreasing term cover can be often cheaper as the level of cover can decrease in line with a reducing balance of a mortgage.
Often guaranteed premiums can be arranged depending on your personal circumstances