Find out how affordable term life insurance is today. The information on this website relates to our current product range and additional benefits. If you already have an existing life insurance policy with us, please refer to your original insurance documents, as these may differ from the following information depending on when you purchased your policy. The easiest way is to update your address online via My Account. Banner Life and William Penn insurance has been protecting American families and businesses for more than 70 years. You can also update your address by filling out our secure change of address form. Get affordable life insurance and financial protection for the people who matter most to you. At certain key points in your life, you may need to increase the coverage you have. For example, you become a new parent or decide to move to a larger house. These types of events usually mean you need more protection.
If you want to demystify life insurance or learn how to protect your financial goals, check out our guides to get you started. If you use this option due to an increase in profits, it will be calculated as a percentage of income multiplied by the amount of coverage. Subject to the maximum amount of £150,000. This option will no longer be available after your 55th birthday, or if you have been diagnosed or have received or received medical treatment for our definition of an incurable disease. If the option is used due to a mortgage increase, it is also limited to the amount of the mortgage increase. With our affordable prices, it`s a simple New Year`s resolution. These changes may affect the premiums you pay and we should consider any change requests based on your particular situation. To do this, you must complete your plan before your 45th birthday and we must not have applied a premium increase to your coverage. If you choose this option, we will no longer ask medical questions.
This is subject to terms and conditions and prices at the time of increase apply. The option can be used a total of three times during the term of your policy, but only once as part of a marriage or registered partnership. The maximum sum of all increases allowed is £200,000. You may be eligible for an increase in your coverage within six months of any of the following: You may be able to make other changes to your policy. You can request a change to: Your cover can be increased up to 50% of the original amount each time you use the option, but this is limited to a maximum of £150,000. The protection of your personal data is very important to us at Legal & General. Protect your loved ones and plan for the unexpected. Find out what types of coverage we offer to cover you and your family. The good news is that we allow you to increase your coverage without the need for additional medical information about the occurrence of certain events, making the process as easy and stress-free as possible.
We understand that your situation may change in the future. In order for your policy to adapt to your needs, we offer a few options that can help you. Terms and conditions apply. For more information, please read the policy brochure PDF PDF: Policy booklet PDF format: 3.2 MB.