We Will Not Be Beaten On Price!

If you receive a lower quotation for this product please call
0844 980 8601
or e-mail the details of the quote to customerservices@theidol.com

Investment Discounts On-Line Limited
3 Mason Court,
Gillan Way,
Penrith 40 Business Park,
Penrith,
CA11 9GR

1. The Financial Services Authority (FSA)

The FSA is the independent watchdog that regulates financial services. Use this information to decide if our services are right for you.

2. Whose products do we offer?

We offer products from a range of insurers for level term insurance, mortgage life protection insurance and critical illness products.

We only offer products from a limited number of insurers for level term insurance, mortgage life protection insurance and critical illness products.

  We only offer products from a single insurer for level term insurance, mortgage life protection insurance and critical illness products.

3. Which service will we provide you with?

  We will advise and make a recommendation for you after we have assessed your needs.
  You will not receive advice or a recommendation from us for level term insurance, mortgage life protection insurance and critical illness products. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.

4. What will you have to pay us for our services?

  A fee.
  No fee for arranging non investment insurance contracts.
You will receive a quotation which will tell you about any other fees relating to any particular insurance policy

5. Who regulates us?

Investment Discounts On-Line Ltd, 3 Mason Court, Gillan Way, Penrith 40 Business Park, Penrith, CA11 9GR is authorised and regulated by the Financial Services Authority. Our FSA Register number is 197451.

Our permitted business is arranging non investment insurance contracts.

You can check this on the FSA's Register by visiting the FSA's website http://www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.

6. Loans and Ownership

Legal & General owns 49% of our share capital.

7. What to do if you have a complaint

If you wish to register a complaint, please contact us:

...in writing : Write to Investment Discounts On-Line Ltd, 3 Mason Court, Gillan Way,
                       Penrith 40 Business Park, Penrith, CA11 9GR.

...by phone : 0844 980 8601

...by email : customerservices@theidol.com

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

8. Are we covered by the Financial Services Compensation Scheme (FSCS)?

We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.

Insurance advising and arranging is covered for 90% of the claim, without an upper limit.

Further information about compensation scheme arrangements is available from the FSCS.

Mortgage Life Insurance

Mortgage Life Insurance

theidol.com are an online broker providing discounted Life Level Term Insurance through a panel of providers.

Decreasing Term Life Insurance

Mortgage Life Insurance can help care for your family's financial situation by paying off the outstanding balance of the mortgage on your home with a cash sum should you die before the end of the term of your policy. The level of coverage decreases in line with a standard repayment mortgage, so you are only paying for the life cover your require.

You can take out Mortgage Life Insurance on a single or joint life basis, with the cash sum being paid out on the first claim only. You choose the number of years the policy will be in place and the level of mortgage life cover your require at the outset of the policy. Critical Illness benefit can also be added to most mortgage life insurance policies for an increased premium. By adding Critical Illness benefit the policy will pay out either on death or the diagnosis of a specified critical illness, whichever occurs first.

As soon as the sum insured is paid out the mortgage life insurance policy ceases. If you survive the term and the sum insured has not become payable then the plan ceases and nothing is paid out as this product has no cash in value at any time. If you are replacing an existing policy please ensure you do not cancel your current arrangements until your new policy is in force.