Bright Grey Life Insurance

Life Insurance Overview

Bright Grey’s life insurance will provide your family with a guaranteed lump sum or a monthly income if you die or are diagnosed with a terminal illness.

You can decide what kind of cover you want, depending on your circumstances choosing between an amount that stays the same (a level term), an amount that goes down with your outstanding mortgage (a decreasing term) or a lump sum that goes up with inflation (indexed).

Bright Grey also offer the option for a monthly family income benefit.

• Bright Grey paid 98% of Life Insurance claims in 2014.
• Bright Grey have a Helping Hand support service provided by RedArc and HCML which connects you to specialist nurse advisers and other services when you need them most.
• Optional critical illness cover with 53 illness definitions of which 15 exceed ABI guidelines.
• Children are covered automatically for up to 50% of the main cover or £25,000 depending on which is lower.

Bright Grey Policy Conditions

An overview of the key policy details of Bright Grey Life Insurance proposition.

Drewberry reviews Bright Grey Life Insurance…

As part of the Royal London Group, Bright Grey has the financial strength and standing to offer secure and comprehensive protection products to its clients.

The life insurance policies available with Bright Grey are also particularly flexible offering a range of payout options including a level, decreasing and indexed term.

Not only that, you can also opt for a monthly income payout that could help you family cover any regular financial commitments should the worst happen. A decreasing term is particularly useful to help you pay the remaining amount on your mortgage.

Bright Grey also offer a mortgage repayment guarantee option, providing you with the reassurance that you won’t leave your family with the burden of mortgage repayments in the event of your death or diagnosis of terminal illness.

Bright Grey Life Insurance – Questions and Answers

A series of commonly asked questions with regards to the policy coverage of the Bright Grey Life Insurance policies.

Q. I am not sure a lump sum pay out would suit my requirements. Are there any other options with Bright Grey’s Life Insurance?

A. Yes. One of the key benefits of a life insurance policy with Bright Grey is that they offer a flexible range of options on the benefit paid out to your family on the event of your death or terminal illness.

You can select a level term whereby the policy pays out a set lump sum. A decreasing term, which will drop with your mortgage or an income benefit that pays out a monthly income to your family. Helping to cover any monthly financial commitments.

Q. Can I increase the level of my life insurance cover at any time with Bright Grey?

A. In certain circumstances you will be able to increase the level of cover including marriage, becoming a parent or an increased mortgage.

Most insurance providers offer guaranteed insurability options (GIOs), please take a moment to speak to one of our independent insurance experts to find out which one best suits your specific requirements on 0208 432 7333.