Affordable, easy-to-compare life insurance quotes tailored to your needs.
Is Life Insurance Right for You?
If you have dependents, it's probably right for you. Anyone who provides for a family or loved one, be it raising children, paying the mortgage, assisting an elderly parent, or caring for a disabled family member, can benefit from life insurance. If you want to make sure your family is provided for after you’re gone, insuring your life is a must.Get Started
Types of Life Insurance
What is Life Insurance?
Essentially, it's an insurance policy that provides your loved ones with a sum of money in the event of your death. In exchange, you pay monthly premiums in order to insure yourself, usually for a set period of time (known as a term).
How much does it generally cost?
It depends. There are so many factors that go into determining the cost of life cover that it’s impossible to give a generic answer to this question. Premiums will vary greatly depending on the following:
- The level of cover.
- The provider.
- The term length.
- Who you’re looking to insure.
- Your age.
- Your lifestyle.
- Your health.
- Any additional benefits and coverage.
However there are many affordable life policies available, and they can cost as little as a few pounds per week (and sometimes, you even get a free gift). Of course depending on these factors it can be more expensive, so do make sure to compare the UK’s best life insurance companies.
How much coverage can you get?
Again, this will also vary greatly by plan and provider. Policies can provide as little as £10,000, or well over £1 million of cover. Generally speaking, the higher your premium, the more coverage you will have - and the higher your payout will be.
Does life insurance cover critcial injury or illness?
Not usually. Most policies don’t cover injury or disability as standard, and only pay out should you die. Life insurance typically doesn’t cover illness either, and it’s difficult to get coverage if you have serious pre-existing conditions - although some policies will pay out in the case of certain terminal illnesses.
However, many providers offer additional coverage and benefits which often insure you against illness and injury - for an extra monthly fee. These additional covers, such as critical illness cover and income protection insurance can be added to your life cover policy with certain insurers.
What are some exclusions that will stop a policy paying out?
Most providers will include exclusions in their policies to mitigate risk. These are certain circumstances under which the insurance plan will not pay out to your beneficiaries. They vary by plan but usually include some or all of the following:
- Suicide and self-injury
- Fraud and misleading information
- Illegal activity
- Alcohol and drug abuse
- HIV & Aids
Is my family paid in instalments or a lump-sum?
It is up to you, but it’s most common that life cover pays out in one cash lump sum. Some policies allow you to choose to have your beneficiary/beneficiaries paid out in the form of regular income from the policy, however, this isn’t common.
Can I get life policy quotes for seniors over 75?
Yes, there are plenty of policies that will cover you if you are over 75. With over 70s life insurance, it’s guaranteed you won’t have to undergo a medical exam when you get a quote, you’ll just have to provide details of your health and lifestyle. You are usually eligible for these policies between the ages 70 and 80/85, depending on the cover you choose.
Life cover for seniors over 75 are lifelong policies that are paid for in monthly payments. When you die, the policy will pay a cash lump sum to your loved ones and often include some form of coverage for your pet, to ensure they are looked after once you’ve passed away.
Can I take out life cover for my elderly parents?
Yes, there are many life insurance policies available for older parents. Whether they have a pre-existing condition or not, they won’t have to submit a medical exam to apply. If you go to the right place, they can be a great way to help cover funeral costs or allow them to leave a financial gift to a loved one when they pass away.
Will my coverage also pay for funeral costs?
It depends. Unless you've specifically requested it as part of your policy, then the funds won't be initially available to your loved ones. This delay can be due to questions about the cause of death, and other times insurance providers are too slow to send payments before a funeral is organised.
However, many policies offer an additional funeral cover which is either included within your policy and monthly premiums, or available as an additional extra.
Policy jargon buster
You're likely to encounter these three terms when getting a life cover policy, so here's a helpful summary of what they mean:
- The Policyholder. The person who owns the policy. This person is responsible for paying the policy premiums. They are also the only party who can access the cash value of the policy or make changes to it. The only way someone else can make decisions about the policy is if they obtain power of attorney over the policyholder.
- The Insured. The person whose life is insured. It is possible (and quite common) for the policyholder to be the insured.
- The Beneficiary. The person(s) to whom the death benefit pays out when the insured person dies. The policyholder can also be the beneficiary, and there can be many named beneficiaries on one policy.
Can you get insurance with no questions asked / anonymously?
No, life cover policies can never really be anonymous. All life insurers will eventually need to know your medical history and contact information, both to make you an offer in the first place and to pay out to your loved ones when you die.
Some providers will require less information than others, but more often than not you’ll have to speak with a broker on the phone at some point, as the policy they offer to you will be entirely dependent on your personal circumstances.
You can, however, get a quote with minimal/no questions asked (although not completely anonymously). Some insurers will offer you a quote irrespective of your personal information and medical history, to give you an estimated cost. But it is impossible for this to be an accurate quote. Once it comes to applying for your life cover, you’ll then be asked to supply your medical and lifestyle information, which can drastically change the price you were initially quoted.
We understand that you want to keep your personal information to yourself, which is why Pure Cover asks for the least information possible on our form. This enables our brokers to call you immediately to get you the fastest and most accurate quote possible.
Where can I compare cheap life insurance quotes?
Right here, that's our job. We deconstruct every policy in our reviews to help you find the right cover for you. Comparing your quotes and finding the best life insurer will help you find the most cover at the lowest cost.
How can I get covered now?
This one's easy! Click the button below to get yourself a free insurance quote in minutes.