Cover can be arranged on the following basis:

• Single Life (own life) - where the Plan holder (the person who owns the Plan) and the Life Insured (the person covered by the Plan) are the same.
• Single Life (life of another) - where the Plan holder and the Life Insured are different e.g. if an employer took a Plan out on the life of an employee, the employer would be the Plan holder and the employee would be the Life Insured.
• Dual Life (joint life) - where two people are applying for cover at the same time (refer to Key Benefits for additional information).
• Level cover - the benefit is fixed at a set level throughout the period of cover selected.
• Decreasing cover - the benefit is designed to reduce in line with a standard repayment mortgage during the period of cover (Income Protection is only available on a level cover basis).

The following table shows which insurance covers are available on each basis for ease - which is right for your client ?

Cover Options	Single Life		Dual Life	Level cover	Decreasing cover
	Own Life	Life of another
-Life Insurance (including -Terminal Illness cover)
-Life Insurance with -Critical Illness Insurance
-Critical Illness Insurance -(Stand Alone)
-Income Protection -Insurance					If selected this benefit will remain level during the period of cover.
-Cover Increase Option