Product details of our Life Cover

Find out how your clients can tailor their cover.

We know life doesn't stay the same for long, so if your clients' circumstances change during the life of their plan, they can change their cover to suit their needs.

Your clients can reduce the amount of cover over the term of their policy in two ways:

  • Cover for a Mortgage – Reduces in line with a repayment mortgage with a set interest rate (between 0% and 15%). If your clients' mortgage interest rate changes, the amount we pay may not be enough to pay off their mortgage.
  • Mortgage Repayment Guarantee – Pays a lump sum equal to the outstanding amount of your clients’ mortgage (less any arrears of capital or interest) providing the original cover amount and term was the same as the mortgage amount and term when your clients took out the cover. If they have made changes to their mortgage they must alter their cover to match the changes.
  • Basis - single, dual life, or joint life first event
  • Premiums - guaranteed
  • Payouts - lump sum or income (except for a  plan with decreasing cover, where there's only a lump sum payment)
  • Payment of cover - level, increasing or decreasing over the term of the plan
  • Term - minimum one year, maximum 72 years
  • Age when cover starts - minimum 18 attained, maximum 88 attained
  • Age when cover ends - maximum 89 attained
  • Amount - unlimited cover, or up to a maximum of £5 million when an increasing cover option is chosen.

To help protect against the effects of inflation,your clients can choose to increase the amount of cover over the term of their plan in one of two ways:

  • 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%)

If your clients are getting married, increasing their mortgage or becoming a parent, they can increase their cover within certain limits without providing any medical evidence.

However, if they want to increase the amount of their cover for any other reason, or by more than the specified limits, they may need to supply medical evidence.

Making a claim whilst abroad

We'll pay a valid death claim regardless of where in the world the person covered dies.

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,
  • 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 an exclusion shown on the cover summary.

Terms and conditions

For full terms and conditions see our Personal Menu Life Cover plan details

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

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.