Tell us what cover you need — we will compare whole-of-market policies and come back to you.
Pays a fixed lump sum if you die within the policy term. Premiums stay the same throughout. Ideal for family protection.
Cover reduces over time alongside your repayment mortgage. Lower premiums than level term. Ideal for mortgage protection.
Covers you for your entire life — guaranteed to pay out whenever you die. Often used for inheritance planning.
Pays a lump sum on diagnosis of serious conditions including cancer, heart attack, and stroke. Can be added to a life policy.
Term life insurance covers you for a fixed period (e.g. 25 years). Whole-of-life covers you for your entire life and is guaranteed to pay out. Term policies are generally cheaper; whole-of-life builds a cash value.
Decreasing term insurance is designed to run alongside a repayment mortgage. The payout reduces over time in line with your outstanding mortgage balance, making premiums lower than level term.
Yes — smokers typically pay significantly higher premiums than non-smokers. If you have stopped smoking for 12 months, insurers will usually treat you as a non-smoker.
Yes. Critical illness cover can often be added to a life assurance policy, providing a lump sum on diagnosis of specified serious conditions such as cancer, heart attack or stroke.
A common rule of thumb is 10× your annual income, plus any outstanding mortgage balance. The right amount depends on your outgoings, dependants, existing savings, and how long you want cover to last. A whole-of-market adviser can help you calculate the right figure.
Yes, in most cases. You must disclose all pre-existing conditions when applying. Insurers may load the premium, exclude a specific condition, or decline in rare cases. It is important to disclose fully — a claim could be rejected if you fail to disclose relevant health information.
Technically, 'assurance' covers an event that is certain to happen (such as death), whereas 'insurance' covers an event that may happen. Whole-of-life cover is often called assurance because it will always pay out; term life is sometimes called insurance because payout depends on death within the policy term.
Yes. Joint life policies cover two people and pay out on the first death. They tend to be cheaper than two individual policies, but leave the surviving partner uninsured after a claim. Two single policies provide more comprehensive cover but cost more.
Important: Information on this page is for guidance only and does not constitute financial advice. CleverCompare is an introducer appointed representative of Charles Frank Finance, which is authorised and regulated by the Financial Conduct Authority.