Indexation (or to Index Link a policy) gives you the option to increase the amount of cover you have on an annual basis, to help combat the effects of inflation. The premium will also increase each year, to reflect the increase in policy benefit.

Each provider increases the sum assured and premium in slightly different ways. This is detailed in your Policy Summary/Key Facts Document, so be sure to read through these carefully and contact your chosen provider should you have any questions.

Indexation is not available for Decreasing Term Life Assurance policies.

Note that indexation is not included by default to level term life insurance quotations through Cavendish Online, and it needs to be explicitly added as a policy option.

Please do not hestiate to call us should you have any questions regarding indexation and life insurance as we will be more than happy to help. 

01392 439 437

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