Whether you have a new arrival or a toddler, you'll know that being a parent can be the best job in the world, albeit a busy one. You'll often feel like your world has been turned upside down and you don't have a second to spare, but we still need to find time for the things that really matter.
That's why we'd like to get you started with £15,000 of free life cover for 12 months. Just apply before your child's 5th birthday to take advantage.
Both parents can apply for their own policy. So each policy could pay out £15,000 if the person insured died before the end of the policy.
Our Parent Free Life Cover is designed to meet the demands and needs of parents with children under age 5 who want a policy that would help them get started and could pay out a cash sum if they die within their 12 month policy term, to help financially protect their family. You can apply for Parent Free Life Cover if:
Please remember that this life cover is not a savings or investment product and has no cash value unless a valid claim is made.
The policy won't pay out if:
Before you apply, please make sure you read the Parent Free Life Cover Key Features and Policy Terms and Conditions PDF and the Statement of Demands and Needs, Firm and Agent Disclosures (PDF: 84KB)
No, you can’t make changes to your cover. However, if you need more cover you may be eligible to take out one of other life cover products depending on your needs. Find out more
The policy is only available to UK residents, so if you move abroad during the length of your policy, your policy will end and will no longer provide any cover.
You can cancel your policy at any time.
Any pay out that we make is free from UK Income Tax and Capital Gains Tax. The Government may change this tax position at any time. You may need to pay Inheritance Tax on life cover pay outs.
Looking for cover once the year’s free cover is finished, or want more financial protection than the £15,000 can offer? We have a range of other options you could consider. You can get more cover with our standard Life Insurance which starts from only £6 a month, depending on your individual circumstances.