|
Asda Instant Life
Cover – simple life insurance at the right price. Asda Instant Life Cover is the only standalone product of its kind in the UK today. Quite simply it is the quickest
and easiest way to get life insurance cover and best of all, we guarantee to accept everyone. If you’re aged 17-50 years old, live in the UK and don’t
want to spend a lot or don’t have much time - try Asda Instant Life Cover. • Only product in the UK that offers guaranteed acceptance to anyone
aged 17-50 for their Life Insurance
• No medical or complicated forms to fill in
•
The easy application means that you are covered within 5 minutes
• Cover from £5!
– you can choose from 3 premium levels: £5, £10 and £15
• Cover to
age 65
• Guaranteed premiums – your monthly payments are fixed/will never go up To get the protection you need for you and your
loved ones go online and complete 3 questions: your age, your gender and whether you are a smoker or not. We will then be
able to present you with the cover you could get for £5,£10 or £15 a month. Just chose how much you want to pay each month. Then complete your
personal details and bank account details to set up a monthly direct debit – it’s that simple.Exclusions of the product: If the customer has had a pre-existing medical condition and they
die from the condition, they cannot claim on their policy. However, if the customer has had one of the following pre-existing
medical conditions and they die from another cause (i.e. not from their pre-existing medical condition) then they can claim.
The exclusions for death from pre-existing conditions are :
• Cancer
• Heart attack
• Stroke or brain haemorrhage
•
Diabetes
• Terminal illness
• Symptoms of drug or alcohol
abuse We believe in transparency
and as such “ small print” will be available in full before purchase.Things to Consider: Asda Instant Life Cover will guarantee to accept you and there is no medical required. However, if you pass
away because of certain pre-existing medical conditions we may not be able to pay out. The pre-existing medical conditions
could be one of the following: - a heart condition, HIV or AIDS, cancer, a stroke, or a terminal illness. If you have one of these you will still get your payout if you die
of an unrelated cause after you’ve taken out your policy. If you have diabetes at the time you take out the cover you
will not get a payout if you die from a heart attack or a stroke but you will still receive a payout if you die from another
cause. You will not receive a payout
if you commit suicide within 12 months of the date the cover starts. If you have a history of alcohol or drug abuse this cover is not suitable for you. If you are a member of HM Armed Forces at the time you take out the
cover, you could still benefit from it – but there are some important exclusions that you need to be aware of. All cover exclusions are explained in detail in
the Key Facts document which is available at www.ASDAfinance.com. If you call us about the cover, we’ll also explain
these exclusions to you over the phone. Important Information Asda
Instant Life Cover guarantees acceptance to anyone aged 17-50 who is resident in the UK. Because we offer this cover to everyone – regardless of their
health or previous medical history – there are some circumstances in which we won’t pay out. We want you to be absolutely clear about when we will pay out and
when we won’t before you sign up so please take a few minutes to read the details below thoroughly. If anything isn’t clear, or you want to
ask us anything about the cover, or if you just want to talk to someone before you make your mind up please call. We’ll
be delighted to answer your questions. We will NOT pay out if any of the circumstances below apply: Alcohol & Drug Abuse: You had a history of excessive alcohol intake or drug use before the cover start date for
which you attended or were advised to attend a detoxification or rehabilitation facility or participated in or were advised
to participate in an alcohol or drug treatment or rehabilitation programme or attend an alcohol or drugs support group. Smoking: You told us you had not smoked cigarettes,
tobacco or used any nicotine product in the last 12 months immediately before the cover start date but we find out that you
had. Cancer: You have had a diagnosis
of cancer before the cover start date and the cause of death is cancer. Heart Attack: You have had a diagnosis of heart attack ischaemic heart disease, angina, coronary/artery/disease
or diabetes before the cover start date and the cause of death is a heart attack. HIV/AIDS: You have had a diagnosis of HIV or AIDS before the cover start date and the cause of death is known
to be a cause which is related to HIV or AIDS. HM Forces: You were a member of HM Armed forces before the cover start date and the cause of death is an injury sustained
during operational duties outside of the United Kingdom. If the death occurs more than 6 months after the injury this exclusion
shall not apply. Stroke: You have had a diagnosis
of stroke or diabetes before the cover start date and the cause of death is a stroke. Suicide: You die within 12 months of the cover start date and the
cuase of death is suicide. Terminal
illness: You have been diagnosed with a terminal illness before the cover start date and the cause of death is the same terminal
illness. Your legal representatives
do not give us medical or other evidence that we ask for at the time of claim.
Asda Instant Life Cover
is exclusive to Asda customers and is provided by Ageas Protect Limited, which is authorised and regulated by the Financial
Services Authority (FSA registration number 473752).
|
