What life insurance actually does.
Life insurance pays a tax-free lump sum to your family or dependants if you die during the policy term. It is the simplest, lowest cost protection you can put in place, and for most people with dependants it is essential.
We compare the whole UK market and recommend the right type of policy, the right level of cover, and the right term for your situation. Level, decreasing, or whole of life. Single or joint. Written in trust where appropriate.
Picking the right structure.
Level Term
The amount of cover stays the same throughout the term. Useful where the family debts and lifestyle costs do not reduce over time.
Decreasing Term
The amount of cover reduces over time, typically in line with a repayment mortgage. Lower premiums for a specific purpose.
Joint Life
One policy covering two lives. Pays out on the first death. Often cheaper than two single policies but pays out only once.
Whole of Life
Cover for your entire life, not a fixed term. Pays out whenever you die. Often used for inheritance tax planning.
How much is enough.
There is no single rule, but a useful starting point is around 10 times annual income, plus your outstanding mortgage, plus any other debts you do not want your family to inherit.
We then refine that based on your dependants, the years until financial independence, and your goals.
Why writing your policy in trust matters.
Writing your life insurance in trust keeps the payout outside your estate, which means it is paid quickly and is generally not subject to inheritance tax.
It is usually free to set up and most people should do it. We guide you through the right trust structure for your situation.
Four steps to the right policy.
Needs review
We work out how much cover you need and the right type for your goals.
Market search
We compare the whole UK market to find the right insurer and price for your health and age.
Application
We handle the application and underwriting questions from start to finish.
Trust and review
We set up the trust where appropriate and put the annual review in the diary.
Life Insurance FAQs.
Do I need life insurance if I am single with no children?
Probably not, unless you have debts that would fall on someone else or you are planning a family soon. We will tell you honestly whether you need it.
Can I get cover with a pre-existing condition?
Yes in most cases. Some conditions may be excluded or attract a higher premium. We work with insurers who consider a wide range of medical histories.
Should my partner and I get joint or single cover?
Single policies usually offer better total protection because each can pay out. Joint can be cheaper. We explain the trade-off.
What does written in trust mean?
It places the policy outside your estate so the payout goes directly to your beneficiaries quickly, and is generally free of inheritance tax.
When does my cover start?
Usually as soon as the policy is on risk. We confirm the exact date in writing.
What if my circumstances change?
We review your cover every year. If your income, family, or mortgage changes, we adjust the cover to match.
