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An insurance policy taken out to cover the unfortunate event of your death which pays a lump sum of money to your family to help cover the mortgage, funeral costs and any outstanding debts or liabilities you may have left.
This is an insurance policy taken out to cover you should you suffer a critical illness such as a heart attack , stroke or advanced caners. It pays a lump sum when diagnosed should you be unable to work or require specialist medical care.
This lets you protect your monthly income should you become injured and are no longer able to work. Here at UK Life Insurance Direct our Income Protection policies pay you anything between 50% and 65% of your monthly income.
Our UK Mortgage Payment Protection Insurance Policies will pay you a monthly income to cover your mortgage payments with usually a little extra should you be unable to work due to sickness, accident or unemployment.
UK Life Insurance Jargon Explained
Life Insurance
UK Life Insurance is a contract between an insurance company and an individual (policy holder) that pays out a lump sum of money should the policy holder die.
This money can be used by the policy holders family to pay of a mortgage or any debts / liabilities that they may have left behind.
Many Life Insurance policies allow you to include critical illness which also pays out if you are diagnosed with certain critical illnesses. Please see our critical illness Insurance section for further details about Critical Illness Insurance and what illnesses are covered by the life insurance.
“Here at UK Life Insurance Solutions our company mission is quite simple. We aim to provide the most competitive online UK Life insurance quotes for all our visitors. Our staff are trained to a very high and knowledgeable standard and we pride ourselves in always providing a friendly and efficient service to all our customers.”