Life Insurance Cover

What’s it about?

Life Insurance is a policy designed to pay out a payment to your loved ones in the event of your death or terminal illness (when you have less than 12 months to live).

How does it help me?

  • Protects those closest to you.
  • Relieves the financial worries from your family. If you were to die would they have enough to cover the mortgage, bills, general living expenses and funeral costs without you?

There are specific types of cover depending on what you want and your circumstances: Mortgage Protection, Family Income Benefit and Over 50s Cover.

How does it pay out?

In a lump sum or regular payment

How long will my policy cover me?

There are two types of policy: Term or Whole of Life.

  1. Term - as the name suggests this is for a set term such as 5, 10 or 25 years and only pays out if you die within the selected term of your policy.
  2. Whole of Life - pays out when you die, whenever that might be.

What we'll help you decide

  • The length of time you need cover for.
  • The cover that'll suit your circumstances.
  • Whether level term, decreasing term or increasing term suits your needs.

Good to know

Life Insurance isn't as expensive as you think. It could cost you as little as 22p a day*

*Based on a non-smoker, aged 30, employed. Decreasing Term Assurance £6.70 per month (Mortgage Protection): 1st life, £150000 life cover, policy duration is 25 years, premiums are guaranteed, policy interest rate for cover 10%. The actual price will depend on your circumstances and underwrting.

For more information about Life Insurance that would be right for you, speak to one of our qualified advisers - Freephone 0800 43 53 49 or fill in our online enquiry form.

Please note for these insurance products, terms and conditions apply. This information is a summary only. You will receive a full policy document upon application. This policy will set out the terms, conditions and limitations of cover provided under the plan.