RSA (Royal & Sun Alliance) is the second largest insurance provider in the UK, and they have over 20 million customers around the world. They were formed in 1996 from a merger between Royal Insurance and Sun Alliance, and they are also responsible for the More Th>n brand.
They have several life insurance cover products to choose from including mortgage life insurance and standard life insurance. There is also an option to add on critical illness cover so that a payout is made if you are diagnosed with certain critical illnesses.
RSA Level Cover pays out a fixed lump sum in the event of your death over the life of the policy. This money can be used for any purpose such as paying off an interest only mortgage, or simply to relieve any financial burden from your family at a difficult period in their lives.
Mortgage life cover (also known as decreasing term cover) will pay off the outstanding amount on your repayment mortgage – the amount paid out decreases over time as the balance on your mortgage decreases.