Life Cover

Pays a lump sum if you die during the policy term.

What it does

Life insurance pays out a tax-free lump sum to your family if you die while the policy is active. It’s often used to:

- Clear a mortgage

- Cover childcare or living costs

- Leave something behind for your family

You choose how much cover you want (e.g. £200,000) and how long you want it to last (e.g. 25 years).

Types of cover

Level cover – payout stays the same (useful for family protection)

Decreasing cover – payout reduces over time (often used to cover a repayment mortgage)

Who it's for

- Parents with young children

- People with mortgages or debts

- Anyone with someone relying on their income

Example

A 35-year-old dad with a £250,000 mortgage took out decreasing life cover to match the loan. The policy cost under £10 a month and would clear the debt if he died.

Common question

What if I don’t die during the term?
Then the policy ends and nothing is paid out. It’s not a savings plan — just protection if something happens.

Get a quote

Life cover is often cheaper than people expect.
Contact us for advice and quotes based on your needs.