This
option means that premiums are invested in a unit linked
fund. The cost of cover is reviewed every 10 years, at
which stage it may be necessary to increase premiums,
depending on the value of the units in the life fund.
Cover generally becomes more expensive with age.
2)
Guaranteed
This
whole of life contract guarantees a set level of cover
whilst the premiums are guaranteed to remain the same
for life. As a result this cost of this cover reflects
that fact that premiums are guaranteed for life.
