Scottish Provident critical illness and life insurance

Save money on
Scottish Provident life cover

We discount our rates to offer you the best deal
Lifesaver Direct is a broker to Scottish Provident
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We save you money on life assurance and critical illness cover by offering the lowest rates

Scottish Provident policies via Lifesaver Direct

When dealing with a company such as Scottish Provident, you often pay for a consultant's time. Whereas you can buy the same policy through Lifesaver Direct and we are able to bypass the consultant's costs and hand down the saving to you in the form of a discount on the monthly premium.

About Scottish Provident

Scottish Provident International was established in 1991, the Company has grown and by 1 January 2003 were managing funds in excess of £900 million.

Operating internationally from its Isle of Man base the company offers a highly acclaimed range of products for thousands of customers' world-wide.

Scottish Provident joined the Abbey National Group in 2001. Since August 2001 Scottish Provident International Life Assurance Limited has been a wholly owned subsidiary of Abbey. Abbey is the brand name of Abbey National plc and serves 18 million customers in the UK and overseas.

The aim of Socttish Provident is to provide innovative products that are designed for real people living in the real world. Their range of specialised protection, mortgage and investment products is designed to protect people from the unexpected hardships in life.

Scottish Provident

Save money on life assurance

Premium rates have come down as a result of

  • Improved health standards – i.e. people are living longer
  • Insurance companies have become more competitive

    • Save money on mortgages

    Mortgage rates have improved as a result of:

  • More competition between providers
  • Greater choice for more people

    • General explanation

    Why you can save money on life assurance and critical illness

    Over the course of the last 18 months to 2 years protection costs, have in many cases been decreasing. It has however recently been announced that providers will be increasing the cost very shortly. The market has never been more competitive and you may never have a better opportunity to save money by taking advantage of low cost life assurance and critical illness cover.

    There are a number of factors to consider:

    The new Scottish Provident plan will need to be underwritten and could be offered on different terms or rejected if your state of health is different to when you originally took out the plan. If you do elect to take this offer you must ensure that the new plan is acceptable and in force before you stop the original.

    You may wish to consider your level of cover as it may no longer be suitable, will it suffice? If you feel a review would be beneficial we can help you with this.

    Mortgage protection plans are usually used in conjunction with repayment mortgages to protect against death and/or critical illness. The cover is designed to reduce in line with the outstanding mortgage loan.

    Life insurance cover is designed to pay out a lump sum should you die during the term of the policy. This is usually on a level basis, meaning that the sum assured does not reduce. Critical illness cover may also be included in the plan.

    For an additional cost, critical illness cover can be added to the life cover or mortgage protection plans. It provides cover if you are diagnosed with a critical illness such as cancer, stroke, heart attack, loss of hearing, and numerous others.

    A full explanation of the policy will be shown in the key features document.

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