Tel: 0141 445 0022 Fax: 0141 440 2294

05 September 2010
Family Life+ Insurance


Are you looking for affordable life insurance to leave your loved ones or just to help cover the financial costs associated with bereavement?

Then why not have a look at FamilyLIFE+


FamilyLIFE+
is a unique, guaranteed, whole of life protection product for you and your family that provides peace of mind at an affordable price.

It allows you to insure yourself, your Spouse/Significant Other, your parents or the parents of your Spouse/Significant Other, plus your children (up to a maximum of 12 insured persons). Children under age 18 are free, until their 18th Birthday

You can choose a benefit of £2000, £3000, £4000 or £6000 and the cover is guaranteed for as long as premiums continue to be paid to the Insurer and until the last of the insured persons die.

Many life assurances policies take months or even years to settle claims, which mean that individuals can be under financial pressure from costs arising from bereavement of a family member whereas FamilyLife+ claims are settled within 48 hours.

Who can take this cover out?

To apply for a policy you must:

  • Be aged 18 years or over and under 70 years (Individuals over age 70 can contact insurance@cunamutual.co.uk for a quotation)

  • Be a resident in the United Kingdom

How much does it cost?

FamilyLIFE+ starts from as little as £2.00 per person per month. Your monthly premium will depend on:

  • the benefit level chosen

  • your age at the date you apply for cover

  • the amount of people you decide to add to your policy and their ages at the date you add them to the policy

The available options and related premium rates are shown below in the table:

Plans
Benefit Amount
(payable for each Insured Person upon death)

PLAN A
£2000

Plan B
£3000

Plan C
£4000

Plan D
£6000

Age at date added to the policy Monthly Premium Monthly Premium Monthly Premium Monthly Premium
<18* £0 £0 £0 £0
18 to 29 £2.00 £3.00 £4.00 £6.00
30 to 39 £3.00 £4.00 £6.00 £9.00
40 to 49 £5.00 £7.50 £10.00 £15.00
50 to 59 £7.00 £10.50 £14.00 £21.00
60 to 64 £10.00 £15.00 £20.00 £30.00
65 to 69 £13.00 £19.00 £26.00 £39.00

Alternatively for a quotation over the phone, call 0845 121 2416
(Don’t forget to let them know you’re a NHS credit union member)