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
9649.03 -54.13 -0.558
FTSE 250
21876.55 24.451 0.112
FTSE 350
5256.63 -25.58 -0.484
FTSE All Shares
5200.02 -25.05 -0.479
Dow Jones
48458.05 -245.961 -0.505
Nasdaq
23195.17 -398.686 -1.69

Currencies

Value Move %
0
1.139 -0.002 -0.158
GBP/NOK
13.556 0.08 0.593
0
12.393 0.004 0.034
GBP/USD
1.337 -0.002 -0.154

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