What policy term will I need?

You can choose the policy term that you require for your own personal circumstances. If you are unsure of the length of policy you may need, you can speak to one of our Financial Consultants to discuss your requirements.

How much cover will I need?

You can choose the amount of cover that you need. This can be to replace income that would be lost in the event of your death, to cover outstanding loans or even potential childcare costs. The amount of cover you need depends upon your own personal circumstances.

What if I don't know how much cover I require?

If you are unsure how much life cover you will need for total peace of mind, NFU Mutual Financial Consultants can recommend an appropriate amount of cover dependent on your current circumstances.

You can contact your local branch and make an appointment or call 0800 622 323 and speak to a Customer Telephone Adviser who can discuss your requirements over the phone. For security and training purposes, telephone calls may be recorded and monitored.

Is there a minimum and maximum term that can be chosen?

Yes. The policy must be taken out for a minimum of 5 years, and a maximum of 50 years. The policy must end before your 75th birthday. (If you opt to add Critical Illness cover, the maximum a policy can be taken out for is 35 years and the policy must end before your 70th birthday).

Will my premium go up during the policy term?

No. We guarantee that your premium will remain the same throughout the policy term.

What happens to the policy if no claim is made before the end of the term?

At the end of the policy term, if the life assured has not died, no payment will be made.

Can I apply for joint cover?

Yes. You can apply for joint cover for you and another person, in which case the policy will pay out the guaranteed lump sum only once - if either person dies during the policy term.

Can cover be taken out on a third party?

You can take out cover on another person, if you would be financially disadvantaged by their death. In this case, the policy will pay out on the death of the life assured within the policy term.

If the life assured were to die within the policy term, how much would the policy pay out?

The policy will pay out the full sum assured that was chosen at the start of the policy.

What happens to the policy after a claim?

The benefit will only be paid out once. Then the policy will end.

What happens if I stop paying my premiums?

The life cover will end and the policy will become valueless.

Are there any reasons why my policy may not pay out?

The policy will not pay out:

• On death as a result of suicide in the first year of the policy, or within one year of the policy being reinstated.
• If you do not disclose any information requested during the application process.
• If you stop paying your premiums, as this means the cover will end.
• If the life assured does not die within the policy term.

Can I cash in the policy at any time?

No. Your policy will not acquire a cash-in value at any time.

Would any tax be payable on payout of the sum assured?

The benefits which are paid out on death will normally be payable free of UK Income Tax and Capital Gains Tax.

This information is based on NFU Mutual's understanding of current HMRC practice and legislation, which are subject to change.

How do I take out a policy?

You, and any other person who is to be covered, must fill in an application form. You may then be asked for further medical evidence. Your application will then be considered fully.

Full details of this policy can be found in the Level Temporary Assurance Key Features Document which should be read and understood before you decide to proceed with any purchase. This can be requested via our contact us page or by calling us free on 0800 622 323.

For security and training purposes, calls may be recorded and monitored. Your enquiry may result in a call from an NFU Mutual Financial Consultant or Customer Telephone Adviser who advises on NFU Mutual's products and services and in special circumstances those of other providers.