Will my life insurance hold the same value in the future?
When choosing a life insurance policy, you’ll often have the option to add indexation to your policy. This will adjust your cover and premiums based on inflation.
For example, £200k of level cover today might only be worth £150k of level cover in 20 years. Indexation will adjust your premiums and factor this in, so £200k of level cover today will be worth £200k of level cover tomorrow.
You also have the option to choose an increasing amount of cover. Our life insurance consultants can provide you with more information during the application process.