What if I need more cover?

What is the Guaranteed insurability option and how does it work?

When you take out life insurance with critical illness cover or mortgage life insurance with critical illness cover, we understand your circumstances could change during your policy term. You may need to increase the amount of cover you have. For example, you could become a new parent or increase your mortgage amount because you’re moving home or making home improvements and you need extra life and critical illness insurance to cover this increased responsibility.

The good news is we’ll allow you to increase your cover on certain occasions, without the need for any further medical evidence, health questions or assessments – making the process as easy and hassle free as possible.

You can exercise your guaranteed insurability option within six months of one of the following relevant events occurring:

• you become a parent
• you get married or enter into a registered civil partnership
• you receive a salary increase due to a new job or promotion
• you increase your mortgage because you’re moving home or undertaking major home improvements. 

For your policy to include this option, you must:

• be accepted on standard terms and normal rates
• you must apply before your 45th birthday and exercise the option before your 55th birthday.
  

If you do choose this option we won’t ask any more medical questions and the rates at the time of the increase will apply.