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
8072.39 -68.35 -0.84
FTSE 250
20517.92 -117.449 -0.569
FTSE 350
4459.45 -36.11 -0.803
FTSE All Shares
4417.83 -35.65 -0.8
Dow Jones
43988.99 259.648 0.594
Nasdaq
19286.777 17.318 0.09

Currencies

Value Move %
0
1.205 0.003 0.283
GBP/NOK
14.216 0.096 0.678
0
13.975 0.104 0.752
GBP/USD
1.292 -0.007 -0.522

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