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Life Insurance
Protect your family's future with a lump sum that covers your mortgage, bills and everyday costs.
Caveat
Insurance, made simple.
Why Consider Life Insurance?
Pay off your mortgage so your family can stay in their home
Provide financial security when income is lost
Cover funeral costs and ease unexpected expenses
Replace lost income so your loved ones can maintain their lifestyle
Give them peace of mind knowing they’ll be cared for
Surprisingly affordable, with protection that fits your life
It is not just about you. It is about making sure your family is looked after.
Types of Life Insurance
Level Term Life Insurance
Fixed payout amount throughout the term, ideal for protecting dependants and existing debts.
Fixed monthly premiums
Guaranteed payout amount
Flexible term lengths
Can be a joint or single life policy
Decreasing Term Life Insurance
Cover reduces over time, designed to match a repayment mortgage balance.
Lower premiums than level term
Matches the mortgage balance
Typically used for mortgage protection
Cost-effective solution
Family income benefit
Pays a regular income rather than a lump sum, helping with ongoing living costs.
Monthly income for the family
Often more affordable
Tax-free payments
Flexible payment periods
Whole of Life Insurance
Cover for your entire lifetime, often used for inheritance tax planning.
Lifetime cover
Guaranteed payout
Can include an investment element
Estate planning tool
How We Help
We can help you:
Understand your options
Choose the right type and level of cover
Get the best value for your needs
Apply quickly and easily on your behalf
Liaise with the insurer until you are covered
Common Questions
What is life insurance?
Life insurance pays out a lump sum or regular income if you die during the policy term, helping your dependants stay financially secure.
What types are available?
Level term insurance: fixed cover for the full term. Decreasing term insurance: cover reduces over time, often linked to a mortgage. Family income benefit: pays a regular income instead of a lump sum.
Do I need life insurance for a mortgage?
No, it is not compulsory. But it is highly recommended to protect your family and home.
How much does life insurance cost?
Basic cover can start from £10 to £15 per month for a healthy non-smoker. Costs depend on age, health, smoking status, cover amount, and policy term. As an example, a 30-year-old non-smoker might pay £15 to £20 per month for £200,000 of cover over 25 years.
When should I take out life insurance?
The younger you are, the cheaper it is. Many people take out cover when they get a mortgage, have children, or take on significant financial commitments.
Can life insurance be linked to a mortgage?
Yes, decreasing term life insurance is commonly used with repayment mortgages, as the cover falls in line with the outstanding mortgage balance.
Protect Your Family's Future
Talk through your protection needs with one of our specialists.