Life Insurance
Help provide financial support for the people who depend on you. Explore life cover around your household commitments, your budget and the years ahead.
Request a no-obligation adviser call. We’ll contact you to discuss your needs; the enquiry does not provide an instant online price.
Cover shaped around the people who rely on you
Life cover is not one fixed answer. The right amount and term depend on your family, commitments, existing arrangements and budget. An adviser can help you explore those trade-offs.
What is Life Insurance?
Life insurance provides a benefit if the insured person dies while covered by the policy. The amount and payment arrangements depend on the cover selected. Term insurance runs for a chosen period; other types of life cover work differently.
Who is it for?
It may be relevant if a partner, children or other dependants would face financial difficulty without you. Think about your mortgage, rent, household bills and existing cover before deciding what you need.
What does it cover?
For term life insurance, death must occur during the policy term. Some policies include terminal illness benefit with specific conditions. Check the policy documents and any exclusions that apply to you.
Level Term Cover
The amount of cover stays the same during the chosen term. A valid claim pays the agreed benefit.
Decreasing Term Cover
The cover amount falls over time. It is often considered for a repayment mortgage, where the outstanding balance also reduces.
Other ways life cover can be arranged
These options serve different needs. Availability, eligibility and the exact benefit depend on the insurer and policy.
Family Income Benefit
This type of term life cover can pay a regular benefit to dependants after a valid death claim until the policy end date, rather than one lump sum. The number of remaining payments falls as the term passes. Check the amount, payment period, inflation options and policy definitions.
Whole of life cover
Cover is intended to last for life while the policy remains in force. Premiums, guarantees and review terms vary. Compare the long-term cost and what happens if premiums stop.
Over 50s plans
Some plans accept applicants within an eligible age range without medical questions and pay a fixed death benefit. Check waiting periods, exclusions and whether total premiums could exceed the payout; compare ordinary life cover before deciding.
Cover for changing family needs
New parents may want to consider childcare, household costs and the years a child may depend on them. If you are over 60, review existing benefits, remaining commitments and how long you need cover. Age alone does not determine the right policy.
If you live in Gibraltar, the Channel Islands, the Isle of Man or elsewhere outside mainland UK, insurer availability and residency rules may differ. Explore life cover when living abroad and tell the adviser where you reside.
Your household is individual. Talk through the amount and length of cover you may need.
Why might you need it?
A payout could help your loved ones manage financial commitments after your death. Start with the support they might need, then consider savings, employer benefits and any policies you already have.
Important considerations
- Choose a cover amount and term that reflect your commitments.
- Check whether premiums are guaranteed or can change.
- Answer the insurer’s application questions accurately, including questions about health and lifestyle.
- Ask how the benefit would be paid and whether a trust is relevant to your circumstances.
Ready to discuss your life cover?
Tell us which cover you would like to discuss and how to contact you. An adviser will talk through your needs and explain your options.
Your enquiry is no-obligation. An adviser will contact you to discuss suitable options before you decide whether to apply.
