Scottish Widows Protection for Life | ActiveQuote

Date Reviewed:  17.05.2019

 

What is the minimum acceptable age at commencement when applying for Scottish Widows Protection for Life (CI with Life Cover)?

The minimum age at entry is 18 attained (19 next birthday).

 

What is the maximum age attained at the commencement of insured for Scottish Widows Protection for Life (CI with Life Cover)?

The maximum age at entry is 64 attained.

This is not applicable as a Critical Illness policy with Life Cover. Life Cover only is available as a separate benefit under the Protection for Life Plan

 

What is the minimum policy term for Scottish Widows Protection for Life (CI with Life Cover)?

The minimum term available is 5.

 

What is the minimum sum assured for Scottish Widows Protection for Life (CI with Life Cover)?

The minimum sum assured available is £2000 or £240 if paid monthly.

 

What is the maximum sum assured for life cover only and where accelerated CIC is included for Scottish Widows Protection for Life (CI with Life Cover)?

The maximum sum assured available is £2,000,000.

 

Is there an additional critical illness cover for Scottish Widows Protection for Life (CI with Life Cover)?

Critical illness cover is not available as a stand-alone benefit.

 

What is the minimum acceptable monthly premium for Scottish Widows Protection for Life (CI with Life Cover)?

The minimum monthly premium is £6.00, which includes a policy fee of £3.00.

 

What are the additional benefits with Scottish Widows Protection for Life (CI with Life Cover)?

Fracture Cover – No

Donor Cover – No

Other benefits – The plan provides children's life cover.

 

When does Scottish Widows pay out on children's life cover

• Scottish Widows will pay out if your child (natural, legally adopted or step-child) dies after the age of 30 days and before age 21 years.
• The cash sum is limited to the lower of 50% of your benefit amount or £5,000 from all Scottish Widows policies.
• Any such claim will not affect your own benefit amount.
• Children's life cover can be paid in addition to the children's critical illness cover.
• if you have chosen a monthly benefit amount, the cash sum is limited to the lower of 50% of the monthly benefit amount multiplied by the number of monthly cash sums that would have been payable if it was an adult critical illness claim and £5,000 in total for all Scottish Widows policies

Sum assured in instalments - The sum assured can be paid as a lump sum or as a monthly benefit. Monthly cash sums can be level or increasing over the benefit term.

How does a monthly benefit amount of work?

• If you choose a monthly benefit amount and Scottish Widows accepts a claim, well pay a cash sum each month until the end of the term.
• If you have chosen an increasing monthly benefit amount, the benefit amount will automatically increase each year During a claim, the monthly benefit amount will continue to increase.
• If a claim is made, it may be possible to convert the future monthly benefit payments to an equivalent lump sum payment. Please ask us at the time of the claim if this is possible

Large case discount available – There is no large case discount

 

What is the total number of critical illnesses conditions covered by Scottish Widows Protection for Life (CI with Life Cover)?

There are 30 critical illness conditions covered.

 

What are the exclusions applicable to critical illness cover with Scottish Widows Protection for Life (CI with Life Cover)?

The 5 critical illness exclusions are:

Alcohol or drug abuse;

Inappropriate use of alcohol or drugs, including but not limited to the following;

• consuming too much alcohol,
• taking an overdose of drugs, whether lawfully prescribed or otherwise,
• taking controlled drugs (as defined by the Misuse of Drugs Act 1971) otherwise than in accordance with a lawful prescription.

Criminal acts;

• taking part in a criminal act.

Self-inflicted injury;

• intentional self-inflicted injury.

Unreasonable failure to follow medical advice;

• unreasonable failure to seek or follow medical advice.

War and civil commotion;

• war, invasion, hostilities (whether war is declared or not), civil war, rebellion, revolution or taking part in a riot or civil commotion.

 

Would I be excluded from Scottish Widows Protection for Life (CI with Life Cover) if

1. I worked in armed force - This is not excluded.
2. Had a pre-existing condition – Pre-existing conditions are not excluded in relation to adult benefits, but are excluded from the children's critical illness cover.

 

Are there Virtual GP Services for Scottish Widows Protection for Life (CI with Life Cover)?

No

 

Are there any claims support services for Scottish Widows Protection for Life (CI with Life Cover)?

No

 

What can you get in terms of Health & wellbeing services with Scottish Widows Protection for Life (CI with Life Cover)?

Health and well-being services are not offered

 

To find out more about Scottish Widows and our other Life insurance providers call us today on 0800 862 0373 or get a quote now 

* Information about the Scottish Widows Protection for Life (CI with Life Cover) product is provided by Defaqto and is correct as of the review date stated