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| Fixed Monthly Payments | 10 Year Payment Option | 5 Year Payment Option | Single Payment | |
|---|---|---|---|---|
| Deposit Required | £349 | £349 | £349 | N/A |
| Moratorium Period | 2 Years | 1 Year | 1 Year | None |
| Payment Term | Until the anniversary of the Plan start Date following the Covered Individual’s 90th Birthday | 120 Consecutive Months | 60 Consecutive Months | Single One Off Payment |
| When will a cancellation result in 100% of monies paid back? | Within 2 Years | Within 1 Year | Within 1 Year | 30 days |
| Cancellation within 30 Days of Plan Start Date | Full Money Back Guarantee | Full Money Back Guarantee | Full Money Back Guarantee | Full Money Back Guarantee |
| Cancellation during the Moratorium | Full Money Back Guarantee | Full Money Back Guarantee | Full Money Back Guarantee | N/A |
| Cancellation after the Moratorium Period | Zero Money Returned | Zero Money Returned | Zero Money Returned | N/A |
| Covered Individual dies during the Moratorium Period as a result of an Accident | Fully Covered | Fully Covered | Fully Covered | Fully Covered |
| Covered Individual dies during the Moratorium Period (Not a result of accidental death)1 | Return of 100% of all Monies Paid to IFFD2 | Return of 100% of all Monies Paid to IFFD2 | Return of 100% of all Monies Paid to IFFD2 | Fully Covered |
| Covered Individual dies after the Moratorium Period and all payments up to date | Fully Covered | Fully Covered | Fully Covered | Fully Covered |
| Missed Payment |
1Accidental Death: Death which occurs within 90 days of an accident. By which we mean an event caused by violent, external bodily injury which could not be predicted and was not intentional. This excludes self-inflicted injury, such as suicide, or activities where there is an inherent risk of injury (such as war, involvement in criminal acts, extreme sports, drug use, or injury while intoxicated) and death by natural causes, an illness or disease.
2Explain
