Other life cover and protection
We have been providing financial services to customers for over 90 years and our product portfolio has developed over that time.
As a result, we now partner with AIG to provide a range of life cover and protection policies. The following policies are currently available to open, provided by AIG:
- Family Income Benefit
- Income Protection
- Term Assurance
- Term Assurance with Critical Illness choices
- Whole of Life Cover
This means that there are life cover and protection policies that we no longer promote on our website that cannot be opened. We do however continue to support customers who hold these policies.
We have put together a list of products that can no longer be opened that customers may still hold along with a brief description to help you should you need to speak to us about your life cover or protection policies. This list is not exhaustive, so if you aren't able to find your life cover or protection policy please get in touch.
If you are an existing customer and want to find out more about a life cover or protection policies you already hold with us, please contact our Customer Enquiry Team by calling 0800 622 323 (option 3), completing a web form or by emailing customermail@nfumutual.co.uk. It would be helpful if you could have your plan/policy number available when you contact us.
Policies that are no longer available to open:
A life insurance policy that pays out a fixed amount if the life assured dies during the term of the policy.
An insurance policy that pays out a fixed amount if the life assured dies or is diagnosed with a specified critical illness that meets our policy definition, during the term of the policy.
The policy will only pay out once, so will cease to exist following a valid claim.
A life insurance policy with a decreasing amount, linked to the value of a mortgage, that pays out if the life assured dies during the term of the policy.
An insurance policy with a decreasing amount, linked to the value of a mortgage, that pays out if the life assured dies or is diagnosed with a specified critical illness that meets our policy definition during the term of the policy.
The policy will only pay out once, so will cease to exist following a valid claim.
An insurance policy that pays out a lump sum if the life assured is diagnosed with a specified critical illness during the term of the policy that meets our policy definition.
A life assurance policy that pays a fixed lump sum if the life assured dies during the term of the policy and the premiums are eligible for tax relief.
A policy that pays out a lump sum when the life assured dies - the lump sum is made up of a guaranteed level of cover plus bonuses that may be added periodically.
A life insurance policy that has an option, at any time during the term of the policy, for you to take out a Whole of Life policy without further medical underwriting.