Suite 411, Kingfisher Centre, Burnley Road, Rawtenstall, Lancashire, BB4 8EQ, United Kingdom
info@artfullodger-liverpool.co.uk
0845 123 55 34
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Artful Lodger Liverpool Ltd Suite 411, Kingfisher Centre, Burnley Road, Rawtenstall, Lancashire, BB4 8EQ, United Kingdom info@artfullodger-liverpool.co.uk 0845 123 55 34 |
Convertible Term AssuranceConvertible Term Assurance This is designed to provide basic term assurance cover at outset with the option to convert to other types of policy in later years as circumstances change. There will be restrictions on the types of policy which it can be converted to and on the dates when conversion is allowed. Normally, conversion can take place without any additional medical examination.From very early days in their history, life companies have also offered policies, which are in effect a means of saving. These policies were made more attractive by tax relief on premiums, and the fact that for many, the life company acted as a tax haven in that the rates of tax payable by the life fund were lower than those levied on the policyholder. While such tax incentives are a thing of the past, life assurance policies retain some attractions. Other financial products include |
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