RSA Life Assurance
With over 20 million customers around the world, RSA (aka Royal & Sun Alliance), is the second largest insurance provider in the UK. Formed as the result of a merger between Royal Insurance and Sun Alliance in 1996, the company also owns the More Th>N brand.
RSA Life Insurance products include standard life insurance and mortgage life insurance. Critical illness cover is also available.
The level cover RSA life insurance product will pay out a fixed lump sum in the event of your death. This can be used by your dependents however they please, and will ease the financial burden on them at a difficult time in their lives.
Mortgage, or decreasing, life cover from RSA will cover your outstanding repayment mortgage balance in the event of your death. The amount paid out decreases as your mortgage is repaid. Again, it will give some peace of mind to your loved ones, knowing that they do not need to worry about maintaining repayments on a mortgage.
By adding critical illness cover, the policy will pay out if you are diagnosed with one of the specified critical illnesses – this ensures money is one less worry whilst there are other challenges in your life.