LIFE COVER
Guardian’s life cover helps provide financial protection for your client’s family if they die or are diagnosed with a terminal illness.
We offer 2 life covers:
ESSENTIALS
Our standard range, ideal for clients who want quality cover at a more affordable price.
PROTECTION
Our signature range, ideal for clients who want enhanced cover with quality features.
Product overview
Policy details
Basis: Single or dual life
Premiums: Guaranteed
Pay outs: Lump sum or monthly income
Type of cover: Level Cover, Increasing Cover (RPI), Decreasing Cover (8%), Family Income Benefit
Minimum age at entry: Age 18
Maximum age at entry: Age 64
Age when cover ends: 90
Minimum term: 1 year
Maximum term: 72 years
Minimum cover amount: £25,000 or, for Family Income Benefit £2,500 a year
Maximum cover amount: £15 million (higher amounts may be available by contacting us directly at underwriting@guardian1821.co.uk)
Key Product Features
Terminal Illness: Market-leading definition that pays on certain conditions even if the client is expected to live longer than 12 months for certain conditions
Dual life: Both partners’ cover is kept separate
Premium Waiver: Comes as standard with every policy
Optional Children’s Critical Illness Protection: Can be added to an adult policy anytime
Payout Planner: Nominate up to 9 beneficiaries at application
Protection Menu: Can be mixed and matched with any cover from either our Essentials or Protection ranges
Lifestyle promise: We may be able to reduce premiums if they were paying an increased amount and they subsequently stop smoking, lose weight, change job or give up activities
Immediate Cover: Temporary cover up to £1 million that starts as soon as we receive a completed application form
Guaranteed increase option: Increase cover with no underwriting, medical evidence, or application from
Additional Services
HALO: Access to tailored medical and legal support at the point of claim
Anytime: At no extra cost access to a GP 24/7, second medical opinions, wellbeing and aches and pains consultations at any time
HALO and Guardian Anytime don’t form part of your client’s contract with us, and we can change or remove the benefits included at any time.
LIFE PROTECTION LIMITS
1 to 72 years
18 to 64
90
£15 million (higher amounts may be available by contacting us directly at underwriting@guardian1821.co.uk)
Non-medical limits
| Requirement levels | Up to age 30 | Age 31-40 | Age 41-50 | Age 51-60 | Age 61-64 |
|---|---|---|---|---|---|
| Nil | Up to £1,000,000 | Up to £770,000 | Up to £550,000 | Up to £330,000 | Up to £100,000 |
| Level A | £1,000,001 - £1,500,000 | £770,001 - £1,500,000 | £550,001 - £1,000,000 | £330,001 - £650,000 | £100,001 - £400,000 |
| Level B | £1,500,001 - £3,000,000 | £1,500,001 - £3,000,000 | £1,000,001 - £2,000,000 | Not applicable | Not applicable |
| Level C | Not applicable | Not applicable | Not applicable | Not applicable | £400,001 - £1,500,000 |
| Level D | £3,000,001 - £7,500,000 | £3,000,001 - £7,500,000 | £2,000,001 - £4,000,000 | £650,001 - £2,500,000 | Not applicable |
| Level E | £7,500,001 - £10,000,000 | £7,500,001 - £10,000,000 | £4,000,001 - £10,000,000 | £2,500,001 - £10,000,000 | £1,500,001 - £10,000,000 |
| Level F | £10,000,001 or more | £10,000,001 or more | £10,000,001 or more | £10,000,001 or more | £10,000,001 or more |
Requirement levels
| Nil | Up to £1,000,000 |
|---|---|
| Level A | £1,000,001 - £1,500,000 |
| Level B | £1,500,001 - £3,000,000 |
| Level C | Not applicable |
| Level D | £3,000,001 - £7,500,000 |
| Level E | £7,500,001 - £10,000,000 |
| Level F | £10,000,001 or more |
| Nil | Up to £770,000 |
|---|---|
| Level A | £770,001 - £1,500,000 |
| Level B | £1,500,001 - £3,000,000 |
| Level C | Not applicable |
| Level D | £3,000,001 - £7,500,000 |
| Level E | £7,500,001 - £10,000,000 |
| Level F | £10,000,001 or more |
| Nil | Up to £550,000 |
|---|---|
| Level A | £550,001 - £1,000,000 |
| Level B | £1,000,001 - £2,000,000 |
| Level C | Not applicable |
| Level D | £2,000,001 - £4,000,000 |
| Level E | £4,000,001 - £10,000,000 |
| Level F | £10,000,001 or more |
| Nil | Up to £330,000 |
|---|---|
| Level A | £330,001 - £650,000 |
| Level B | Not applicable |
| Level C | Not applicable |
| Level D | £650,001 - £2,500,000 |
| Level E | £2,500,001 - £10,000,000 |
| Level F | £10,000,001 or more |
| Nil | Up to £100,000 |
|---|---|
| Level A | £100,001 - £400,000 |
| Level B | Not applicable |
| Level C | £400,001 - £1,500,000 |
| Level D | Not applicable |
| Level E | £1,500,001 - £10,000,000 |
| Level F | £10,000,001 or more |
For family income benefit we’ll calculate the amount of cover as: monthly benefit x 12 x term x 66%
Medical underwriting limits
| Level A | Nurse screening + finger prick blood test or traditional blood draw to include glucose and total cholesterol |
|---|---|
| Level B | Nurse screening + blood test 1 |
| Level C | Nurse screening + blood test 2 |
| Level D | Nurse screening + blood test 1 + general practitioner's report |
| Level E | Medical examination report + blood test 2 + general practitioner’s report + exercising ECG (replace exercising ECG with NT-Pro BNP blood test up to age 40) |
| Level F | Medical examination report + blood test 2 + HIV + general practitioner’s report + exercising ECG (replace exercising ECG with NT-Pro BNP blood test up to age 30) |
| Level A | Nurse screening + finger prick blood test or traditional blood draw to include glucose and total cholesterol |
|---|---|
| Level B | Nurse screening + blood test 1 |
| Level C | Nurse screening + blood test 2 |
| Level D | Nurse screening + blood test 1 + general practitioner's report |
| Level E | Medical examination report + blood test 2 + general practitioner’s report + exercising ECG (replace exercising ECG with NT-Pro BNP blood test up to age 40) |
| Level F | Medical examination report + blood test 2 + HIV + general practitioner’s report + exercising ECG (replace exercising ECG with NT-Pro BNP blood test up to age 30) |
- Cotinine tests included with all nurse screenings and medical examinations for non-smokers
- Blood test 1 – Biochemistry & HbA1c
- Blood test 2 – Biochemistry, haematology & HbA1c
Financial evidence limits
| Evidence required | Limit |
|---|---|
| None | Up to £1,500,000 |
| Financial questionnaire | £1,500,001 – £3,500,000 |
| Independent third party | More than £3,500,000 |
Evidence required
| None | Up to £1,500,000 |
|---|---|
| Financial questionnaire | £1,500,001 – £3,500,000 |
| Independent third party | More than £3,500,000 |
Smoking categories
A smoker is someone who has used a tobacco product or nicotine replacement product such as e-cigarettes.
We have 3 categories for smoking-related premiums:
- Current user
- No usage in the last 12 months
- No usage in the last 5 years
If your client was a smoker and stops smoking or stop using tobacco or replacement products for a period of 12 months, we’ll reassess their cover and may be able to reduce their premium accordingly. We’ll also reassess their cover after they’ve stopped for 5 years and may be able to reduce their premiums further if you contact us to confirm.
Body Mass Index (BMI) Limits
The tables below show the premium rating we’ll apply to your clients Life Protection policy for their BMI.
Please note these are just the ratings for BMI and other factors are taken into account when underwriting for build, for example pregnancy, body shape or unexplained weight loss. Our underwriters may ask for further information in those situations which might lead to a different decision. If you’d like more information before you submit an application call us on 0808 133 1821.
| BMI minimumBMI min | BMI maximumBMI max | Expected |
|---|---|---|
| up to | 15.999 | Decline |
| 16 | 16.999 | 50% rating |
| 17 | 30.999 | Standard |
| 31 | 32.999 | 25% rating |
| 33 | 34.999 | 50% rating |
| 35 | 36.999 | 75% rating |
| 37 | 38.999 | 100% rating |
| 39 | 40.999 | 150% rating |
| 41 | 41.999 | 175% rating |
| 42 | 53.999 | Decline |
| BMI minimumBMI min | BMI maximumBMI max | Expected |
|---|---|---|
| up to | 15.999 | Decline |
| 16 | 16.99 | 75% rating |
| 17 | 17.999 | 50% rating |
| 18 | 31.999 | Standard |
| 32 | 33.999 | 25% rating |
| 34 | 36.999 | 50% rating |
| 37 | 38.999 | 75% rating |
| 39 | 41.999 | 100% rating |
| 42 | 54.999 | Decline |
| BMI minimumBMI min | BMI maximumBMI max | Expected |
|---|---|---|
| up to | 15.999 | Decline |
| 16 | 16.999 | 100% rating |
| 17 | 17.999 | 50% rating |
| 18 | 33.999 | Standard |
| 34 | 36.999 | 25% rating |
| 37 | 38.999 | 50% rating |
| 39 | 40.999 | 75% rating |
| 41 | 41.999 | 100% rating |
| 42 | 54.999 | Decline |
