Term Assurance

Helping to reduce your family’s financial burden

AIG Term Assurance is designed to pay out a lump sum when the person covered dies or is diagnosed with a terminal illness - where life expectancy is less than 12 months, during the term of the policy.

Product overview

When faced with a terminal diagnosis or death, you want as much financial support as possible for you and your loved ones.

That’s why AIG Term Assurance can help your family repay debts, like a mortgage and credit cards, helping to reduce the financial burden on your family.

Terms range between 2 and 70 years (the policy can be taken out if you're aged 17 to 86 although it must end before you're 90) and pays out a lump sum if you’re diagnosed with a terminal illness or you pass away during the policy term.

If you are unsure about what's the right level of cover to help you reduce the financial burden on the ones you love, speak to an NFU Mutual Financial Adviser about arranging your policy. 

About Term Assurance:

  • Terms ranging from 2 to 70 years, must expire before 90th birthday.
  • Terminal illness diagnosis means life expectancy of less than 12 months.
  • Single and Joint Life policies available.

When you contact us we'll explain the advice services we offer and the charges. NFU Mutual Financial Advisers advise on NFU Mutual products and selected products from specialist providers.

Financial advice is provided by NFU Mutual Select Investments Limited.

Our chosen partner

Our range of life cover and protection products are provided by AIG

They complement us perfectly, adding choice and value to our range of products and mirroring our commitment to outstanding customer service.

  • Experience

    We've been providing financial advice for over 90 years, so you can be sure that the advice we give will be appropriate for your circumstances and financial goals.

    Experience

    We've been providing financial advice for over 90 years, so you can be sure that the advice we give will be appropriate for your circumstances and financial goals.

  • Expertise

    With NFU Mutual Financial Advisers across the UK, we can help you make sure the right cover is in place to protect your family's financial future.

    Expertise

    With NFU Mutual Financial Advisers across the UK, we can help you make sure the right cover is in place to protect your family's financial future.

  • Mutuality

    Our approach is built around our mutuality, working in the interests of our customers.

    Mutuality

    Our approach is built around our mutuality, working in the interests of our customers.

What next?

Take out cover

Ready to take out Term Assurance? We can help you to make sure that you get the right cover.

Change your cover

Let your cover provider know of a life event or discuss changes you would like to make to your cover.

Make a claim

Contact your cover provider about claiming a benefit from a policy.