Protection

Why choose Skandia for protection?

We want you to have peace of mind that you and your family are financially covered, whatever the future holds for you.

Whether you want life cover, critical illness cover or both, Skandia can provide flexible award-winning solutions to meet your specific protection needs.

Not only can you tailor our protection products to meet your needs today, they are flexible enough to meet your future needs too. You can change your level of cover as your circumstances change, for example, if you have children or your potential inheritance tax liability increases.

You decide how long you want your cover to last. You may need a policy for a specific length of time to protect your family while your children are growing up, or you may choose to have cover for the whole of your life.

The following protection products are available to you through your financial adviser, who will help you decide which one is right for you and will provide you with full details of the products and any suitable trusts before you apply.

You can use any of these policies to provide cover for your business, as well as personal cover.

• Skandia Protect is a flexible protection plan which offers you life cover, critical illness cover or both. Our critical illness cover also includes a number of extra benefits as standard, for example low-grade cancer cover. You can choose from different periods of cover – from a few years to throughout your life.

• The Skandia Plan is a unit-linked life insurance policy. This means that your regular payments are invested in funds of your choice, giving you the potential for investment growth. The plan covers you for your whole life, so you never need to take out another policy, and it will provide your family with the financial protection of a cash sum when you die. You can also use it for inheritance tax planning when you put it in a suitable trust.

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Glossary.

Information on this website is not intended for Hong Kong residents. Information on this website about Skandia Group Companies is intended for UK residents only, unless it relates to Royal Skandia, Skandia Life Norge or Suomen Sivuliike. Skandia Group companies do not offer investment advice and no information on this website should be construed as such.

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