Anyone aged 18 to 50 who lives in the UK.

Yes, you can still take out cover. However see below for what is excluded.

Although this is an annually renewable policy the premium is fixed for 5 years, so each year the price will be unchanged.

Life insurance is exempt from insurance premium tax.

Yes, you can add a spouse/partner with the same or different level of cover. You can also add children for 10% extra on your premium. This provides cover for up to 4 children. The child benefit is £5,000.

You can cancel the policy within 30 days of first taking it out. Simply write to Lloyd & Barnes (email & address in the documentation) and any premium you have paid will be refunded (as long as there has been no claim on the policy). After this you can cancel at any time.

The main exclusion is that it will be 2 years before you are covered under the policy for any pre-existing medical condition you have had in the last 3 years. If you remain symptom free and do not receive treatment, or undergo monitoring in the next 2 years the policy will fully cover the historic condition.

Also, the following main exclusions apply:

• Deliberately self-inflicted injury (unless you are trying to save someone’s life) or an attempt at suicide.

• Taking alcohol or drugs, unless a doctor has told you to do so (but not for treating drug addiction).

• Nuclear contamination, biological contamination or chemical contamination, war (whether declared or not), act of foreign enemy, invasion, civil war, riot, rebellion, insurrection, revolution, overthrow of a legally constituted government, explosions of war weapons or any event similar to one of those listed.

If you choose to add the critical illness cover it will pay a benefit of 50% of your life sum insured should you be diagnosed with any of the following: Cancer, Bacterial Meningitis, Coronary Artery By-Pass, Heart Attack, Multiple Sclerosis, Kidney Failure, Major Organ Transplant or Stroke.