Types of life insurance
Life insurance can be flexible so it will suit your needs or budget so that your family and home is properly protected. The two most common and well known types of life cover are Family Life Insurance (Level Term) or Mortgage Life Insurance (Decreasing Term). Here’s how they work:
Family life insurance
This is the most common type of life cover and is simply called ‘Level Term’ because the amount of cover always stays the same.
Your policy would always pay out a level lump sum if you die at any point during the policy term. This is ideal to protect your family if anything happens to you.
Mortgage life insurance
A mortgage life insurance policy is specifically designed to protect your mortgage balance throughout your mortgage term.
If you were to pass away during the term of the policy then your cover would pay out a lump sum equivalent to your mortgage balance in order to pay off what’s left over.
Can I get Life Insurance?
Most people are eligible for life insurance and you might be pleasantly surprised by how much you can save. The most important thing is to make sure that your family and your home are properly protected in case something happens.
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What cover can I get with iam|INSURED?
Life Insurance
The BEST and CHEAPEST way to protect your family if something happened to you or your partner is life insurance. We can tailor your cover to suit your needs and your budget giving you peace of mind.
Critical Illness Cover
Take out a critical illness insurance policy to make sure that you and your family are protected against financial loss from serious illness. Get a tax-free lump sum if you can’t work.
Income Protection
You could be covered for when you can’t work because of an illness or injury to make sure that your bills are paid. Income protection is ideal for people who are self-employed or with no sickness pay.
Accident Insurance
Get cover from only £9 per month that protects you for accidents, hospital pay, and accidental death. You could have peace of mind from only £2 per week that gives you everything you need.
Get the best life insurance quotes with pre-existing medical conditions
Your medical history
Our team of experts will match you with the very best insurers based on what your medical history looks like.
Lifestyle and general health
We’ll ask some questions about your lifestyle to be able to find which insurers are best for you based on this.
Smoking and vaping
If you smoke or vape then we can search our insurance partners to get the best rates for you and save you money.
About your partner
We can definitely help you to get the cheapest cover for you and your partner with a joint life insurance policy.
Speak to the experts
“We speak to lots of new customers every day with different medical conditions, dangerous jobs, or extreme sports… the most important thing to us is to make sure that your family is properly protected. You’re an individual and your circumstances won’t be the same as another person, so it’s important to get the right care and pay a fair price for the best cover.”
– Daniel Sharpe-Szunko, Life Insurance guru and medical protection expert
Why should I take out cover with iam|INSURED?
Life insurance is the best and cheapest way to protect your FAMILY and your HOME if anything happens to or your parter. Getting the right cover in place can give you peace of mind that your loved ones are covered if anything were to happen to you.
Medical conditions
Get the very best life insurance rates for people with all types of pre-existing medical conditions
Dangerous occupations
Make sure that your family is protected and get the best cover if your job is classed as hazardous
Extreme sports
People who take part in extreme sports need to make sure that they’re protected in case things go wrong