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Flexible Life Plan
Whole of Life protection for your complete peace of mind
About Flexible Life Plan
Our whole of life protection is designed to protect your family by covering an inheritance tax liability or supporting your business protection needs.
Why choose Canada Life
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High Net Worth Specialism Our average sum assured is £2.3 million, with cover available from £25,000 to £40 million |
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International Flexibility We can consider cover for non-domiciled and non-resident individuals. |
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100% of claims paid In the past 9 years we have paid 100% of death claims to customers. |
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Features and benefits
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Available on a single or joint basis
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Cover options up to £40million with the option to increase or decrease should your inheritance tax liabilities change
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Free from income or inheritance tax when combined with a suitable trust
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Four cover options allowing you to structure your Flexible Life Plan to suit your needs
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Can cover inheritance tax liability or business protection requirements
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Optional Premium Waiver add-on should you need to pause premium payments due to injury or illness
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Guaranteed Insurability Option means you could increase your cover with no further medical underwriting if you get married, have or legally adopt a child, or your mortgage or inheritance tax liability changes
Your questions answered
Are there any risks?
The cost of the life assurance can increase on a premium review and your premiums may increase or your level of cover reduces. The value of units can fall as well as rise. You will need to discuss this thoroughly with your financial adviser.
Next steps
Need an adviser?
Get a tailored quote for our products from a financial adviser. To find one, visit Unbiased.
Customer support
Find answers to commonly asked questions, helpful links, tools and contact details.
