Friends Provident Life Insurance

Meet Your New Best Friends for Life

Friends Provident life cover service enables their clients to live life knowing that their family, their dependents will all be taken care of after their passing. Death is never a happy event and is wrought with much pain and sorrow. There is no need to further burden this sad period with financial unease. The payout given by life insurance provides the dependents with valuable breathing space to be able to focus with their mourning. Friends Provident will cover the insurance holder for life for as long as the insurance holder pays the monthly premium to keep the coverage ongoing.

Friends Help Friends

Friends Provident wishes to provide high quality insurance coverage; in order for them to do this, they only ask the simplest of things from their clients. The first is outright and absolute honesty. Whether you are applying for a plan or filing a claim, being honest is the best way to ensure that Friends Provident will be able to help you. Of course, you are not expected to memorize everything important about your life, and if you are unsure about your medical history, you should take the effort to research in order to give your provider with the right information. The same is also true for any changes to your health and living conditions. This means changing your marital status, your work, your job and your place of residence. Any of the above changes should be reported to Friends Provident. Naturally, any change in your health is also important to report as well.

The Friends Provident Life Cover

Friends Provident offers a life cover that declares the insured client with a promise that should the insurance holder pass away or be diagnosed with a terminal illness during the term of coverage, they will pay a lump sum to the declared dependents of the client. Insurance holders can choose what type of coverage they will get. This means that you get to choose just how much coverage you get, and for how long you will be covered. Duration of coverage can range from five to forty years for clients with monthly premiums. Those with annual or yearly premiums may opt to be covered for one to forty years. The coverage only extends until the client reaches the age of eighty-five years old. There are also options for reducing the number of covered years. Ask your local Friends Provident agents for details regarding these details.

As with other life insurance covers, you may opt to get a single plan or coverage for two lives; the payout is done when either of the insurance holders dies. For terminal illnesses, there should be a period of eighteen months before the end of the coverage for this claim to be valid. Insurance holders may also choose to have their policy converted into trust so that the payout will be given to declared trustees. Lastly, clients may opt to change the level of coverage and duration of their policy during the active term as well. These are the services that Friends Provident offers to their clients.