Level premium ceased being available on 16 February 2024.

With level premiums, the insured person’s premium is calculated on the applicable premiums for the insured person’s age at the cover commencement date.

Level premiums will usually only increase each year in line with any increase in their sum insured, including increases as a result of Indexation Benefit (if applicable). However, level premiums are not fixed, and the insurer can increase as required.

The cost of your insurance cover is not guaranteed, and the insurer can change the premium rates. Changes are made to a group of policies and the insurer won’t single you out for a change in premiums.