Like Renewable Term Assurance, this type of term assurance contains an option at the end of the term. This time it is to convert it into a whole of life policy without the need for a medical. The option must be exercised before the plan ends. The level of protection cannot be increased upon conversion and, although your health is not taken into consideration at the time of conversion, the terms offered will be based on your age.
Please be aware that in some cases this type of assurance is based on an assessment of the health of the applicant.
THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.
Trafalgar International fully advised on, and managed the transfer of my UK held private pensions into QROPS.
Over a number of one to one personal meetings I received advice outlining the process and advantages of QROPS for someone living outside of the UK.
All my questions were answered and clarification provided when requested.
I have been very pleased with the service provided by Trafalgar International.
My husband and I have become fond of our adviser at Trafalgar International thanks to his untiring efforts with our financial.
They are trustworthy and honest and always gives us a thorough and professional service.
I would happily recommend Trafalgar International to anyone seeking financial advice.
Trafalgar International have been our Financial planners for some time and has always given a good service.
They always seems to have time for us and are both good at their job and a pleasure to deal with.
As professional financial advisers we can help you make informed decisions about your financial future, short, medium and long term.
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