Why Reassured for life insurance?

  • UK's number 1 life insurance broker

    UK’s largest life insurance broker+

    We’ve helped protect more than 1 million UK families and have over 15 years of industry expertise. Our service is rated ‘Excellent’ on Trustpilot.

  • Free life insurance quotes

    Compare free, no obligation quotes

    We compare multiple life insurance deals from top UK insurers within minutes, helping you save time and money arranging your perfect policy.

  • Buy life insurance online

    Buy cover online or over the phone

    Get a quote & apply for your chosen policy online or over the phone, depending on your needs and circumstances, with expert support available at any time.

Working in partnership with

Trustpilot

How do I get started?

Protect your loved ones in just 3 simple steps:

1
Fill in our simple form

Answer a few questions about yourself and choose the cover you need.

2
Get your personalised quotes

We’ll provide the best quotes available from our trusted insurer partners.

3
Secure your perfect policy

Enjoy peace of mind that your family are financially protected.

What is life insurance?

Life insurance is a policy that can provide a crucial financial safety net for your family and loved ones.

It pays out a cash lump sum if you pass away during a specified term to help with essential costs, like a mortgage.

There are different types of life insurance available to meet varying needs and the cost of a policy will depend on your individual circumstances.

What are the benefits?

  • Help protect your mortgage & keep your family in their home
  • Help cover family living costs so they can maintain their standard of living
  • Help cover funeral related costs (average cost of dying is £9,658[1])
  • Provide an inheritance for loved ones

What are the main types of life insurance?

Level term graph icon 1

Level term

Level term life insurance pays a lump sum if you pass away during a set term. The lump sum remains the same (level) throughout the term and is pre-agreed when you take out the policy.

Level term graph
Decreasing term graph
Decreasing term graph icon 1

Decreasing term

Decreasing term life insurance pays a lump sum if you pass away during a set term, but the amount reduces in line with the remaining balance of a mortgage or any other debts that reduce over time.

Other types of cover available

Guaranteed Over 50s

Over 50 life insurance is a type of policy that offers guaranteed acceptance for UK residents aged 50 - 85 and pays a fixed lump sum when you pass away.

Your loved ones can use the money to help cover your funeral costs, clear unpaid debts or as a cash gift.

Whole of life

A whole of life insurance policy provides cover for the rest of your life and pays out a fixed lump sum when you pass away.

Whole of life is usually more expensive than other types of life insurance.

Family income benefit

Family Income Benefit (FIB) is an alternative form of life insurance. Instead of paying a fixed lump sum, it pays ongoing monthly payments to help replace your income if you pass away.

Cover lasts for a specified term.

Life and Critical illness cover

Term life insurance can be combined with critical illness cover as one policy for one monthly premium. This provides a pay out if you pass away or are diagnosed with a critical illness during the term.

You’ll be covered for a wide range of serious conditions including cancer, heart attack and stroke.

Income Protection

Income protection insurance pays out a percentage of your usual income if you’re unable to work as a result of an injury or illness.

You can take out cover on a short or long-term basis.

Calculator

Life insurance calculator

Calculate how much life insurance you may need by filling in the costs you’d like your policy to cover.

?

£137,934 is the estimated mortgage debt per household in the UK.

The purchase of a home is likely to be the largest financial commitment any of us will make in our lifetime. Your life insurance should cover your remaining mortgage balance to allow your loved ones to stay in the family home should anything happen to you.

Source: Moneynerd.co.uk
£
?

The average monthly household budget in the UK is £2,548 (that’s £30,576 per year), which is spent on transport, food & drink, utilities (gas, electricity, water etc), clothing, council tax and leisure activities.

With energy prices hitting a record high and the cost of living rising sharply in the UK, you may wish to factor in utility bills and family living expenses into your cover.

Source: Nimblefins.co.uk
£
?

The average personal debt of UK adults has risen to £34,566 (not including mortgage debt), with credit cards, personal loans and overdrafts being the most common forms of debt.

Factoring in any debts into your life insurance cover means that, if they need to be paid back from your estate after your passing, your loved ones won’t miss out financially.

Source: Money.co.uk
£
?

According to SunLife, the average cost of a funeral in the UK is £3,953 (with the overall cost of dying at £9,200).

Funeral costs have increased by 116% since 2004 and are a significant cost which should be factored into the amount of life insurance you secure.

Source: SunLife.co.uk
£
?

When factoring in cover for your children, you may wish to calculate the amount based on how long it is until they reach financial independence.

This could include childcare (£7,000 per year for part-time care), school expenses (£1,519 per school year for uniforms, lunches, stationary etc), as well as an additional sum for further education (this could be a contribution of up to £5,000 per year).

Sources: Daynurseries.co.uk, Primarytimes.co.uk & Savethestudent.org
£
?

2 in 5 adults say they are relying on an inheritance to fund their retirement.

Factoring in an inheritance to your sum assured could allow loved ones to live a more financially comfortable life. Alternatively, you could leave a cash gift to a charity of your choosing.

Source: Moneyage.co.uk
£
?

If you’re lucky enough to have your own savings or are part of the 30% of UK residents who already have a life insurance policy in place, this can provide financial protection for loved ones.

By entering your current cover, savings or death in service amount you can reduce the sum assured you require.

Source: Scottishbusinessnews.net
£ -

Your total cover estimate

£ 0

Let us find you our best quote.

Compare Quotes »

More reasons to choose us

Reassured advised team

Advised or non-advised service

Our advised team can offer personalised recommendations on which products may be best for you from the available options. Our non-advised team can offer support by presenting just the facts and all the information you need to make an informed choice.

Dedicated impaired risk team

Dedicated expert support

Whether you have a pre-existing medical condition or need help choosing the right policy, our dedicated team of life insurance experts can provide support and answer your questions at any point along your journey.

Free trust writing service

Free trust-writing service

We can help you write your life insurance in trust. This can help protect a future pay out from inheritance tax and ensure a faster pay out for your loved ones.

FCA regulated broker

FCA regulated broker

Reassured is a trusted broker and regulated by the Financial Conduct Authority (FCA). We believe in treating our customers fairly and always provide the highest standard of service.

Related articles:

Best life insurance companies

Who are the UK’s best life insurance companies? We’ve…

author profile picture

Phil Jeynes

Protection Industry Expert

Article Read Time 8 min

Read now »

Average life insurance cost UK

According to internal data from Reassured, the average cost…

author profile picture

Phil Jeynes

Protection Industry Expert

Article Read Time 7 min

Read now »

Life insurance with free gift

Many life insurance policies now come with a free welcome…

author profile picture

Ben Bendall

Protection Expert

Article Read Time 10 min

Read now »

Life insurance for overweight

If you're overweight you may have wondered how this will…

author profile picture

Rob Rutherford

Impaired Risk Specialist

Article Read Time 9 min

Read now »

Cheap life insurance for smokers

How can you secure cheap life insurance for smokers? Find…

author profile picture

Lorna Bailey

Protection Expert

Article Read Time 9 min

Read now »

Life insurance for mums

Life insurance helps mums secure the financial future of…

author profile picture

Rosie Ritchie

Protection Expert

Article Read Time 9 min

Read now »

Life insurance over 70

The good news is, it's possible to get life insurance over…

author profile picture

Matthew Watts

Client Servicing Director

Article Read Time 10 min

Read now »

Best over 60 life insurance

What’s the best over 60 life insurance? Find out about your…

author profile picture

Matthew Watts

Client Servicing Director

Article Read Time 8 min

Read now »

Life insurance for dads

Most dads need life insurance to secure the financial…

author profile picture

Ben Bendall

Protection Expert

Article Read Time 8 min

Read now »

Life insurance over 40

Discover the importance of safeguarding your family home…

author profile picture

Phil Jeynes

Protection Industry Expert

Article Read Time 7 min

Read now »

Best income protection insurance

Who has the best income protection insurance to meet your…

author profile picture

Phil Jeynes

Protection Industry Expert

Article Read Time 7.5 min

Read now »

Best life insurance for over 50s UK

Who offers the best life insurance for over 50s in the UK?…

author profile picture

Phil Jeynes

Protection Industry Expert

Article Read Time 7 min

Read now »
Show more