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Life Insurance

A financial safety net for your family if the unthinkable should happen to you.

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Losing a parent would turn any child's world upside down.

But if you don't have sufficient Life Insurance, the distress could be far worse.

At a time of loss, the last thing a family needs is financial worries.

Having Life Insurance means that you'd be leaving your family with financial security.

  • With sufficient cover, your loved ones wouldn't need to worry about paying the bills. They could also afford to pay for other everyday things that maintain the quality of life they're used to.
  • Without Life Insurance, your family could be faced with distressing changes. If paying the mortgage or rent becomes too much of a struggle, they may be faced with having to move house. If the family had to relocate, the children might also have to change schools.

The earlier you take out Life Cover, the cheaper your premiums will be.

Also, if your health or work circumstances change, your premium always remains the same – and that's guaranteed.

Further information about Life Cover for Families

  • Generally, Life Cover is used to help families adjust to the financial changes that occur when a parent dies, helping the family survive the financial shock that death brings.
  • The biggest single financial change is usually a significant drop in income. The amount by which a family's income will drop (and the resulting financial consequences) will vary from family to family.
  • A family can also use Life Cover to repay debt. These debts may include mortgages, bank loans, credit cards and car loans. By using Life Insurance to clear these debts, the family will need less income to cover ongoing financial and lifestyle commitments.

Ask yourself: what would be the most expensive thing to replace in your home?

The most important thing to insure is not the one most likely to break down. It's the one that's most expensive to replace – that's You!

Types of Life Cover with a FIXED END DATE

Also known as 'term assurance', many life insurance policies have a fixed end date which you choose when you take out the plan:

  • Level cover – pays a lump sum and the amount of cover stays the same throughout the whole policy.
  • Decreasing cover – pays a lump sum and the amount of cover falls during the policy. This type of policy is used for repayment mortgages. Learn more about Life Cover for your Mortgage

Life Cover with NO FIXED END DATE

The example premiums below are based on non-smoker rates and were sourced on 24th Nov 2022

Individual level cover - monthly premium examples:

Age Policy Type Cover Amount Term Monthly Premium
40 Level Life Cover £150,000 20 yrs £10.96 pm
40 Level Life or Critical Illness £100,000 20 yrs £46.22 pm
35 Level Life + Critical Illness £150,000 Life + £50,000 Life or Critical 25 yrs £26.34 pm
50 Level Life Cover £150,000 20 yrs £25.51 pm
50 Level Life or Critical Illness £100,000 20 yrs £108.03 pm

Joint level cover - monthly premium examples:

Age Policy Type Cover Amount Term Monthly Premium
40 Level Life Cover £100,000 25 yrs £16.61 pm
40 Level Life or Critical Illness £100,000 25 yrs £104.18 pm
50 Level Life Cover £100,000 25 yrs £40.43 pm
50 Level Life or Critical Illness £100,000 20 yrs £241.39 pm

The above example premiums are for illustration purposes only. Any terms offered would be subject to underwriting.

If you have any health conditions, take a look at the Life Insurance for people with Health Conditions section.

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Before calling us, please make sure you have read and understood our Privacy Notice .

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We don't charge you a fee

If you start a policy, we will be paid a commission by the insurance company. The insurance company will usually pay for any doctor's fees if reports are required.

Did you know?

Many people understand how important it is to insure the 'breadwinner'. But what about the stay-at-home parent?

Their contribution to the family is often overlooked. But the truth is that their loss could prove very costly – financially as well as emotionally.

Have you considered what it might cost your family to pay someone to carry out those everyday tasks?