What Saga can offer you
|Saga Term Life Insurance||Saga Guaranteed Life Insurance|
|Type of cover||
Lump sum payment if you die and a valid claim is made during the policy term
|Guaranteed lump sum payout upon death - regardless of any pre-existing medical condition
|Maximum sum assured||Unlimited||£18,887|
|Maximum term of the policy||Policy must end before your 80th birthday||Indefinite, until death|
|Is there a period at the start of policy when it won't pay out should I die?||Full benefit paid from the start of the plan (subject to a valid claim). However, we won't pay out if you intentionally take your own life within the first year of the policy.
|Joint cover available?||Yes||No|
|Medical required?||Not normally, but may be required depending upon the answers given in the medical questionnaire
|Minimum age at the start||18||50|
|Maximum age at the start||77||75|
|Premiums payable until||The end of the policy||Policy anniversary following 90th birthday
|Maximum premium||No maximum||£50|
|What happens if I stop paying my premiums?|
Helping you decide
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Who are the providers and how are they regulated?
Saga Guaranteed Life Insurance is underwritten by The Prudential Assurance Company Limited (registered no. 00015454), which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and provides and manufactures benefits under the plan. The plan is administered by Vitality Corporate Services Limited (registered no. 05933141), trading as VitalityLife, which is authorised and regulated by the Financial Conduct Authority, and distributes and services the product and issues the documentation. Both companies are registered in England and Wales. Registered office at 3 More London Riverside, London, SE1 2AQ. VitalityLife will introduce customers who select the Funeral Benefit Option to Golden Charter. Golden Charter is a registered provider with The Funeral Planning Authority.