What are indexed life insurance premiums

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What are "indexed" life insurance premiums?

The level of your life insurance cover and the premiums necessary to fund it are increased each year either by the Retail Prices Index, Average Earnings Index or an amount which you agree with the insurance company. This increase aims to prevent the effects of inflation eroding the real value of your cover over time.

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Life Saver is a trading name of Clarity Financial Advice Ltd. Registered in England no. 5615986. Registered Office: 5 Riverside Studios, Mill Lane, Dronfield, Derbyshire S18 2XL. Clarity Financial Advice Ltd is an appointed representative of Mint Financial Services Ltd which is authorised and regulated by the Financial Services Authority. Mint Financial Services Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 217742.

The life insurance advice and/or guidance contained within this web site is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK. Information on this site does not constitute personalised advice. Always consult a professional independent financial adviser before taking any action.

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