Royal London Product Enhancement 

Funeral Expenses Payment

Royal London have today introduced a Funeral Payment feature.  When Royal London accept a life claim, which is subject to probate, they will pay up to €10,000 up-front to cover funeral costs.

Payment can only be made to the Funeral Director directly or to the Executor(s) of the estate if they have an invoice or receipt from the Funeral Director. When probate has been granted and Royal London can pay the full claim, Royal London will pay the Executor(s) the policy sum assured minus the amount drawn down to pay for the client’s funeral.

The definitions and changes outlined above can be compared or quoted in the Term Assurance section of ClearChoice or in the quotes section.

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