Pension Term Assurance

Make sure your family are protected while saving tax

This plan provides your family with a lump sum payment, if you die before retirement. It provides financial security for your family and peace of mind for you.

Benefits for you

• Pays a lump sum payment to your family if you die before retirement
• Save Tax on your contributions
• Affordable life cover which can last until retirement

Options Available

• Personal Pension Term Assurance

You set up this plan and can claim tax relief on your contributions.

• Executive Pension Term Assurance

An Executive Plan is set up by the Employer and contributions made are tax deductible. Unlike bonuses and salary increases contributions to an Executive Pension Term Assurance Plan are not treated as income so are not taxed.