Over 50 Life Insurance terminology W. What is a Will and how does it effect me?

Over 50 Life Insurance
Call our dedicated UK based quote and advice team now. Freephone for UK landlines onliy. Calls may be recorded for training purposes.

-  Life Insurance for over 50s

Life Insurance Menu

  • Home
  • Over 50 Life Insurance
  • Critical Illness Insurance
  • Income Protection Insurance
  • Mortgage Payment Protection
  • Accident, Sickness & Unemployment
  • Smokers Life Insurance
  • Help / FAQ’s
  • Terminology
  • Why Choose Us
  • Who We Are
  • Contact Us

    Over 50 Life Insurance Terminology - W

    Legal documentation containing a set of instructions of what to do with a persons estate after they have died.
    If you do not have a will in place at the time of your death your are know to have died ‘Intestate’ which means that the government will then decide what happens to your estate.
    This is a separate product from an
    Over 50 Life Insurance policy and it is recommended by may independent financial advisors that you have a will in place even if you do not have any life insurance.

    Waiver Of Premium
    This is sometimes offered as an optional extra by the insurance provider which then means that they will cover your monthly premiums should you have difficulty paying them due to sickness or redundancy but the conditions vary from each provider so please make sure to carefully read all your policy documents to find out exactly which scenarios are covered.

    Click here to return to our Insurance Terminology Page


    Terms & Conditions | Site Map | Useful Resources

    Copyright © www.over50lifeinsurance4u.co.uk 2016. All rights reserved.
    www.over50lifeinsurance4u.co.uk is an independent marketing website which acts as an introducer to whole of market companies who offer Independent ProtectionAdvice. Each company is authorised and regulated by the 
    FCA (Financial Conduct Authority) or are an appointed representative of a regulated company. www.over50lifeinsurance4u.co.uk are not authorised to give advice and we are not liable for any protection or financial advice provided by, or obtained through a third party. The content of this website is for informational purposes only and should not be regarded as financial or protection advice. Views expressed by our author(s), are the personal views of the author(s) alone, and are not intended in anyway to be construed as advice. They should only be used as guidance and are not necessarily suited to the personal circumstances of every individual in the UK.