Important information

Asda Over 50s Life Cover

• The plan is provided by LV=

• The plan has no cash-in value. If you cancel your plan you won't get back any of your premiums and you won't receive a cash lump sum when you die.

• If you pass away within the first 12 months, the plan may only pay out the premiums you've paid in.

• The payments from this plan will usually go to your estate, so they may be subject to inheritance tax.

• Your cover amount is fixed from the start of your plan, so inflation will reduce the buying power of the cash lump sum you leave behind.

• If you choose not to cap your premiums, depending on how long you live you could end up paying more than is paid out when you die.