17. Key terms
close relative
A relative who is the life assured's spouse, civil or de facto partner, mother, father, step mother, step father, brother, sister, step brother, step sister, child , grandfather or grandmother. A treatment, illness, surgical procedure or event, as specified in this appendix , which meets the specified definition.
accident
Injury caused by violent, accidental, external and visible means.
accidental death
Death which is the result of external or internal bodily injury caused directly by violent external visible means, not attributable to any other event. Either an Adviser with a current financial adviser agreement with Sovereign Services Limited or a member of a financial services industry body approved by Sovereign. The total and irreversible disablement of the life assured with the effect that he or she is unable to perform without the physical assistance of someone else, at least one of the following activities for himself or herself (if the life assured can perform the activity on his or her own by using special equipment Sovereign will treat the life assured as being able to perform that activity):
condition(s)
accredited Adviser
congenital condition
A health anomaly or defect, regardless of whether diagnosed or not:
which is present at birth; and
for which the individual had signs or symptoms within three months of birth.
activities of daily living
Includes health anomalies or defects inherited or due to external environmental factors such as drugs, alcohol, or complications during pregnancy or delivery. The later of the effective date or the actual date from which we receive the increased premium for the Life Cover Benefit and Accelerated Essential Living Assurance Benefit cover. Care for 16 hours per day or more, provided by a nursing service approved by Sovereign whose profession it is to provide nursing services. A specially staffed and equipped section of an intensive care complex that provides a level of care intermediate between intensive care and general ward care. Patients may be admitted to the high dependency unit: from the intensive care unit
date of conversion
Bathing and showering.
Dressing and undressing.
Eating and drinking.
Using a toilet.
full-time care
Moving from place to place by walking, in a wheelchair, or with a walking aid.
high dependency unit
annual salary
Regular remuneration that is subject to PAYE, excluding allowances in lieu of non- monetary remuneration and extra income such as, but not limited to, bonuses and overtime payments.
as a step-down prior to transfer to the ward, or directly from the ward, recovery or emergency areas.
child/children
Any biological child/children, adopted child/children or child/children under the legal guardianship of:
a life assured; or
limb(s)
An arm, leg, hand or foot. In respect of this definition:
the spouse, civil or de facto partner of a life assured.
the arm starts from the
803 TCP-LAE version 14 Effective 12 May 2026
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