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
8496.8 1.95 0.023
FTSE 250
20134.97 250.381 1.259
FTSE 350
4652.02 7.91 0.17
FTSE All Shares
4602.34 8.29 0.18
Dow Jones
40752.96 83.602 0.206
Nasdaq
17710.74 264.398 1.515

Currencies

Value Move %
0
1.176 -0 -0.009
GBP/NOK
13.852 -0.015 -0.106
0
12.93 0.061 0.471
GBP/USD
1.328 -0.004 -0.333

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