Standard Life offers pension term assurance product

Standard Life has launched a Pension Term Assurance product taking into account the advantage of the...

Standard Life has launched a Pension Term Assurance product taking into account the advantage of the tax relief available on payments, allowing savings of anywhere between 8% and 30%. The PTA is available via Standard Life Direct, financial advisers and mortgage brokers and is called Life Insurance with Tax Relief. It is available for both level and decreasing term cover and can be used for personal and mortgage protection. There is a built in conversion option allowing people to convert to a conventional life assurance plan with no additional underwriting if they are at risk of exceeding...