This cover will pay out if death occurs and provides an income per year for the term remaining on the policy. For example, for a 20-year term, where the claim occurred after five years, there would be 15 annual payments made in total. Payments can paid out either monthly or annually.

The payments are not normally subject to income tax but may impact some state benefits.

!

THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

London Stock Exchange

Value Move %
FTSE 100
9866.87 -3.81 -0.039
FTSE 250
22349.51 35.01 0.157
FTSE 350
5374.45 -1.22 -0.023
FTSE All Shares
5315.79 -1.17 -0.022
Dow Jones
48710.97 -20.23 -0.042
Nasdaq
23593.096 -20.205 -0.086

Currencies

Value Move %
0
1.144 -0.002 -0.192
GBP/NOK
13.541 0.026 0.19
0
12.36 -0.001 -0.005
GBP/USD
1.349 -0.001 -0.088

Biggest Movers

Value Move %
SEGRO
795.6 +52.4 +7.05
easyJet
477.8 -18.1 -3.65

0121 661 7014
30a The Green,
Kings Norton, Birmingham B38 8SD.

enquiries@southcotefinancial.co.uk