Family Policy Life Insurance

Understanding family policy life insurance is essential when planning financial protection for your family. Life insurance pays a lump sum to your loved ones if you die during the policy term.

Key Points

• Life insurance pays a tax-free lump sum to your beneficiaries
• Term life insurance covers you for a set period (e.g. 25 years)
• Whole of life insurance covers you for your entire life
• Decreasing term is commonly used for mortgage protection

Who Is This For?

Life insurance is particularly important if you have a mortgage, dependants, or anyone who relies on your income. If your death would cause financial hardship for others, life insurance provides essential protection.

Next Steps

Our FCA-regulated advisers can help you find the right life insurance policy for your circumstances. We compare the whole market to find cover that fits your budget and protects your family.