What if I need more cover?

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

If you take out mortgage life insurance with us we understand that your circumstances could change during your policy term, and you may need to increase the amount of life insurance 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 insurance to cover this.

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

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 to exercise this option we won’t ask any more medical questions and the rates at the time of the increase will apply.