FOR ADVISERS ONLY

Details of our Pegasus Whole of Life Plan

Find out exactly how your clients can tailor their cover.

If your clients' circumstances change during the life of their plan, they can update or rework their cover to better suit their needs. Your clients or their family can make a claim when the person covered dies or meets our definition of a terminal illness. 

  • Age when cover starts – minimum 18 years old, maximum 89 years old
  • Amount – unlimited cover

To protect against the effects of inflation, your clients can increase the amount of cover over the term of their plan:

  • Fixed rate – at a chosen rate of interest (between 2% and 5%)
  • Index-linked rate – based on the change in the retail price index (between 2% and 10%)

 

There’s no need for your client to give us any medical information if they’re getting married or divorced, increasing their mortgage, receiving a salary increase or becoming a parent. All they need is evidence to support the request for an increase. The same applies if your client wants to increase their cover for inheritance tax (IHT) planning or to cover an increase in their business’s value or certain business liabilities. However, if your client wants to increase the amount of their cover for any other reason, they may need to supply medical information.

We won't pay a claim if:

  • The claim is for death and is the result of intentional self-inflicted injury within 12 months of the date the cover started or restarted,
  • The claim is for a terminal illness and the person covered doesn't meet the definition of terminal illness defined in our plan details; or
  • It’s the result of any exclusion shown on the cover summary

Terms and conditions

For full terms and conditions see our plan details

Last updated: 19 May 2016

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.