Life insurance, also known as life cover or life assurance is a way to help protect your loved ones financially if you were to die during the length of your policy. 

Please remember that life insurance is not a savings or investment product and has no cash value unless a valid claim is made.

You choose the amount of cover you need and how long you need it for and you can pay your premiums monthly or annually. In return, your family has the reassurance of knowing that if you died while covered by the policy they could receive a cash sum pay out if a valid claim is made.

They could use this to help with household bills, child-care costs or covering mortgage payments.

You should read the  Policy Summary  PDF: 131KB  and more important information before you apply.

Why do I need life insurance?

Dependents: If you have a partner, children or someone who relies on you for help or income, then you should consider life insurance.

If you earn an income which helps with household bills, either as a sole breadwinner or as part of a couple, then without that money the family might struggle to pay bills like the mortgage or rent.

If you only work part-time, or are a home-maker, your family may find it hard to cover the cost of finding someone to look after the children or another family member if you were no longer around. So anyone who has dependents should consider taking out life insurance. 

Debts or mortgage: It could also be important if you have debts, loans or an outstanding mortgage on your home. Life insurance could pay out a cash if you die during the policy term and this could be used to help pay off these debts or it could help your family with every day living expenses or child care costs. It could help cover funeral expenses too.

What types of life insurance do you offer?

  • Life insurance is designed to pay out your chosen cash sum if you die during the length of the policy. It could be used to help protect the family's lifestyle and everyday living expenses or help pay towards an interest only mortgage.
  • Decreasing Life Insurance  is designed to help protect a repayment mortgage, so the amount of cover reduces roughly in line with the way a repayment mortgage decreases.  Meaning your loved ones could continue to live in the family home without worrying about the mortgage.
  • You may want to check that the length of the policy is long enough to cover the duration of your mortgage term.
  • If you have Decreasing Life insurance you must also check that the interest rate applied to your mortgage does not become higher than the interest rate applied to your policy. 

Critical illness cover can be added at an additional cost when taking out life insurance. It could pay out your chosen amount of cover if you're diagnosed with one of our specified illnesses during the length of your policy

Why choose us?

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You can get a quote in under two minutes

we think you'll find our plan simple and straightforward to understand

In 2016 we paid out 98.6% of life cover claims

Our policy includes Terminal Illness Cover and Accidental Death Benefit at no extra cost

You can add Critical Illness Cover for an extra cost when you buy Life cover giving you even more protection 

 The above is just a guide to help you think about how much cover you may need. But of course, every one's circumstances are different and if you're still unsure you should speak to your financial adviser.