If anything happens to you, life insurance gives your family peace of mind, knowing they'll be able to take care of the mortgage and pay the bills. Even if you don't have kids but you own a house, rent or have loans, you should still have life cover. Either way, we make it easy with two great options.
Work out how much cover you need with our life insurance calculator.
We don't think twice when it comes to insuring our car, house or contents. But in most cases, life insurance is not for you, it is for your family.
You mightn't think you need life insurance when you're young, but there's no better time to start. Premiums are lower if you're young and healthy, plus if your earning ability is affected by illness or redundancy, you'll be able to keep the lifestyle you love.
When you get married or move in with a partner, finances become a joint effort. If you both have financial commitments, like a mortgage, Life insurance can help cover payments if one of you becomes ill or unable to earn.
As a new parent, you want to do everything you can to protect your family. If the unthinkable happened to you, would there be enough money to cover the mortgage, bills and care for your children? Life insurance provides a full range of cover that will help give you peace of mind in case the unexpected happens.
The children have flown the coop and you're preparing for retirement. You've nearly paid off the mortgage but there are still costs to cover. Life insurance can help keep you and your partner in the lifestyle you love if something happens to one of you.
With independent children and a smaller, or fully repaid mortgage, you may not need as much insurance as you used to. A smaller amount of cover could be kept in place to take care of expenses or as a small inheritance for loved ones.
Here are some other options you might like to think about.
Take out any State Life policy and in addition to the Fly Buys points you'll earn on your premiums, you'll also get 50 Fly Buys bonus points!
Click here for Fly Buys terms and conditions.
Life insurance helps to protect the lifestyle and future of your family and loved ones if you die. The policy pays a lump sum if you die or are diagnosed with a terminal illness (with less than 12 months to live).
Almost everyone will qualify for life insurance. In the unlikely event that your personal circumstances limit you from a full life insurance, there are less comprehensive ‘guaranteed acceptance' life products available, such as accidental death and funeral cover.
Everyone is different and has different needs. You need to consider how you can adequately meet your debts, to ensure that those you leave behind aren't burdened financially. While we are not able to provide advice on this website, you can use our ‘life insurance needs calculator' to help with your decision. If you buy life insurance online, there is a maximum limit of $1 million cover. Should you require a quote for more than this amount, please call 0800 782 835 so we can ensure you receive the right level of cover.
If you share responsibility for any financial liabilities such as children or a mortgage or if you would not manage financially if they were to die, then the answer is probably yes.
Once you have submitted your online application you'll have 15 days to make up your mind from the date you receive your policy documents. If during this time you decide that the policy is not right for you, simply return it to us and we'll cancel it and refund any premiums that may have been paid. After the first 15 days, you may cancel your policy at any time by sending us a written request.
State Life Insurance products are underwritten by Sovereign Assurance Company Ltd. State Insurance receives a commission in relation to the policy, it is not the insurer, and does not guarantee Sovereign.
The information on this website is general in nature and does not constitute financial advice, It does not take into account your individual circumstances. If you wish to consult a professional adviser, please call 0800 782 835.