Protect your loved ones in the event of your death

  • Affordable cover from just £5 per month
  • Free, no-obligation quote from an award-winning team
  • We search leading insurers for the right cover & price
Low Cost Life Insurance

Why pay more?

When you can protect your loved ones for less

  • Think Insure
    £9.11
  • Tesco
    £13.24
  • Direct Line
    £10.06
  • Nationwide
    £9.87
  • Aviva
    £9.65

Correct on 11.10.2016. Prices per month. Quotes based on 40 year old, non-smoker - level term life insurance for £100,000 over 20 year term.

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Policy details

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Life insurance policies don't cover you indefinitely. Consider:

  • When will your mortgage come to an end?
  • When will your family and dependents become self-sufficient?
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With level-term life insurance, your family will receive a fixed payout if you die.

With decreasing-term life insurance, the potential payout gradually decreases – cheaper, and ideal if you just want to pay off the mortgage.

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When choosing how much cover you need think about how much your family would still need if you were no longer with them. Consider:

  • Your outstanding mortgage balance.
  • Other financial commitments such as loans, overdrafts and credit card balances.
  • Education costs for your children. Ongoing family & home living costs (bills, food, home maintenance and home improvements).
  • Any lump sum you would want to leave each of your loved ones for their future, such as a deposit for a house.
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Consider how much you would need to pay the bills and other essential living costs. You may also want to consider the potential costs of treatment or adjusting your home.

About you

About your partner

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Benefits

Affordable support when your loved ones need it most

Policies bought through Think Insure start at just £5 per month. If you die while your life insurance policy is active, your family will receive a lump sum that could help them to keep up with the cost of living during a difficult time.

Cover for your mortgage

A life insurance payout could help your loved ones to keep up with the mortgage payments after your death - or even pay it off altogether - so they can stay in their home. One of our insurance specialists can help you figure out how much cover you'll need and make sure that you get the right type of life insurance - so that your loved ones are protected.

Secure your children's future

The thought of not being there to support your children and grandchildren is a hard one. We could help you set up a life insurance policy that covers the cost of raising your little ones, education and university fees and anything else they might need as they grow up.

Protection for as long as you want it

When you buy life cover through Think Insure, we can help you set it up to last a certain number of years. That way, the policy can last for as long as your loved ones would need the support.

Terminal illness benefits included in the price

Most of the life insurance policies that you can buy through Think Insure comes with a free terminal illness benefit. That means that if you fall ill, and a medical expert predicts you have less than twelve months to live, you and your family will receive a payout. Remember that this may not apply in the last 12 months of your policy.

Your policy could be written in Trust

If the value of everything you leave behind - including your life insurance payout - is worth more than the Inheritance Tax threshold (currently £325,000) it may be taxed. If this is the case, our insurance team could write your life insurance policy in 'Trust', which could stop your life insurance payout from being taxed.

Our service is free

We won’t charge you a penny for comparing life insurance deals from our panel of leading UK insurers.

Types of life insurance

Level term cover

If you choose level term cover, you will pay a fixed amount each month to achieve a potential payout of a fixed size. As a rule, the more you pay each month in your premiums, the higher the payout could be. You choose how long you want your level term policy to last. Our team can help you in every aspect of setting up your term life insurance policy.

Decreasing term cover

You choose how long you want your decreasing term policy to last when you purchase it. As your policy goes on, the size of your potential payout slowly decreases. Decreasing term insurance is therefore suited to cover financial commitments that also get smaller over time, like your repayment mortgage. If you're not sure if this type of life insurance is right for you, our insurance specialists are here to help you.

Index-linked cover

When you buy index-linked cover, you will decide on the size of the payout you want and pay a monthly premium of a certain size to achieve this. As time goes on, your amount of cover and your premiums will increase along with the rate of inflation. Index-linked cover ensures that your life insurance policy will always be worth the same as when you bought it.

Single and joint policies

Single life insurance policies only cover one person, and will pay out if that person dies while the policy is active. Joint policies cover two people. However, most joint policies only pay out once - upon the death of the first or second person. If two of you need cover, it's worth comparing the benefits of two single policies vs. one joint policy.

Life and critical illness cover

If you want your loved ones to receive a payout if you fall critically ill - as well as if you die - it's well worth considering combined life and critical illness cover. This offers you and your family an extra level of financial security if something goes wrong. A friendly member of our insurance team can tell you more about critical illness cover.

FAQs

Do I need life insurance?

You may need life insurance if:

  • You have people depending on you for financial support - such as a partner, children or other relatives
  • You have debts that may become someone else's responsibility if you died
  • You want to leave something behind for your loved ones to enjoy

How much life insurance should I buy?

Ideally you'd need enough life insurance to cover your family's cost of living if they didn't have your support. They might need enough each month to keep up with the mortgage payments and bills, and to buy food, fuel, clothing and other essentials. You might also want to think about any longer-term costs like university fees for your children.

How long should my life insurance last?

If you have a date in your head when you think you won't need life insurance anymore - for example when you think your children will move out, or you finish repaying your mortgage - you might want to insure yourself up to this date with a term-based policy. If you want your life insurance to last until you die, whole-of-life cover might be more suitable.

I already have life insurance. Do I need more?

If you bought a life insurance policy some time ago, you may think that you're still adequately covered. However, a lot can change in life. For example, if you've started a family, moved house or got a new job since you bought your life insurance policy, it's well worth checking whether you still have enough cover.

What happens when my life insurance policy ends?

If you've chosen a term-based life insurance policy, and you survive the term, your cover will end. You won't have to pay your premiums anymore, but you will no longer have that financial safety net in place. Remember that there is no cash-in value at any time during your life insurance policy, and if you stop paying your premiums your cover will end.

Can I cancel my life insurance policy?

You can cancel your life insurance policy whenever you like. Your cover will cease. Bear in mind that you won't get any money back unless you cancel within the 'cooling off' period.

Life Insurance benefits

Affordable support when your loved ones need it most

Policies bought through Think Insure start at just £5 per month. If you die while your life insurance policy is active, your family will receive a lump sum that could help them to keep up with the cost of living during a difficult time.

Cover for your mortgage

A life insurance payout could help your loved ones to keep up with the mortgage payments after your death - or even pay it off altogether - so they can stay in their home. One of our insurance specialists can help you figure out how much cover you'll need and make sure that you get the right type of life insurance - so that your loved ones are protected.

Secure your children's future

The thought of not being there to support your children and grandchildren is a hard one. We could help you set up a life insurance policy that covers the cost of raising your little ones, education and university fees and anything else they might need as they grow up.

Protection for as long as you want it

When you buy life cover through Think Insure, we can help you set it up to last a certain number of years. That way, the policy can last for as long as your loved ones would need the support.

Terminal illness benefits included in the price

Most of the life insurance policies that you can buy through Think Insure comes with a free terminal illness benefit. That means that if you fall ill, and a medical expert predicts you have less than twelve months to live, you and your family will receive a payout. Remember that this may not apply in the last 12 months of your policy.

Your policy could be written in Trust

If the value of everything you leave behind - including your life insurance payout - is worth more than the Inheritance Tax threshold (currently £325,000) it may be taxed. If this is the case, our insurance team could write your life insurance policy in 'Trust', which could stop your life insurance payout from being taxed.

Our service is free

We won’t charge you a penny for comparing life insurance deals from our panel of leading UK insurers.

Different types of Life insurance

Level Term Cover

If you choose level term cover, you will pay a fixed amount each month to achieve a potential payout of a fixed size. As a rule, the more you pay each month in your premiums, the higher the payout could be. You choose how long you want your level term policy to last. Our team can help you in every aspect of setting up your term life insurance policy.

Decreasing term cover

You choose how long you want your decreasing term policy to last when you purchase it. As your policy goes on, the size of your potential payout slowly decreases. Decreasing term insurance is therefore suited to cover financial commitments that also get smaller over time, like your repayment mortgage. If you're not sure if this type of life insurance is right for you, our insurance specialists are here to help you.

Index-linked cover

When you buy index-linked cover, you will decide on the size of the payout you want and pay a monthly premium of a certain size to achieve this. As time goes on, your amount of cover and your premiums will increase along with the rate of inflation. Index-linked cover ensures that your life insurance policy will always be worth the same as when you bought it.

Single and joint policies

Single life insurance policies only cover one person, and will pay out if that person dies while the policy is active. Joint policies cover two people. However, most joint policies only pay out once - upon the death of the first or second person. If two of you need cover, it's worth comparing the benefits of two single policies vs. one joint policy.

Life and critical illness cover

If you want your loved ones to receive a payout if you fall critically ill - as well as if you die - it's well worth considering combined life and critical illness cover. This offers you and your family an extra level of financial security if something goes wrong. A friendly member of our insurance team can tell you more about critical illness cover.

Frequently asked questions

Do I need life insurance?

You may need life insurance if:

  • You have people depending on you for financial support - such as a partner, children or other relatives
  • You have debts that may become someone else's responsibility if you died
  • You want to leave something behind for your loved ones to enjoy
How much life insurance should I buy?

Ideally you'd need enough life insurance to cover your family's cost of living if they didn't have your support. They might need enough each month to keep up with the mortgage payments and bills, and to buy food, fuel, clothing and other essentials. You might also want to think about any longer-term costs like university fees for your children.

How long should my life insurance last?

If you have a date in your head when you think you won't need life insurance anymore - for example when you think your children will move out, or you finish repaying your mortgage - you might want to insure yourself up to this date with a term-based policy. If you want your life insurance to last until you die, whole-of-life cover might be more suitable.

I already have life insurance. Do I need more?

If you bought a life insurance policy some time ago, you may think that you're still adequately covered. However, a lot can change in life. For example, if you've started a family, moved house or got a new job since you bought your life insurance policy, it's well worth checking whether you still have enough cover.

What happens when my life insurance policy ends?

If you've chosen a term-based life insurance policy, and you survive the term, your cover will end. You won't have to pay your premiums anymore, but you will no longer have that financial safety net in place. Remember that there is no cash-in value at any time during your life insurance policy, and if you stop paying your premiums your cover will end.

Can I cancel my life insurance policy?

You can cancel your life insurance policy whenever you like. Your cover will cease. Bear in mind that you won't get any money back unless you cancel within the 'cooling off' period.

A few points about Life Insurance