Jargon Buster - Glossary of Terms (I)

Please select your letter of choice below to see the list of terms:

Please select the term that you would like to view below:

Income Protection
- is a long term accident and sickness policy that pays out a monthly... more
Increasing Term Assurance
- is an insurance policy that pays out a lump sum in the event of the... more
Inheritance Tax (IHT)
- is a tax that is payable on a person's estate when they die or when a... more
Insurable Interest
- represents the relationship between the life assured and the... more

Please note that all definitions are intended for general guidance only. For official and current definitions you should always double check your policy wording.

If you are in doubt of the meaning of any terms, why not email us on