Life Insurance. Protect what matters most.
Life insurance can provide financial security for your loved ones if you die during the policy term. Compare suitable cover from leading UK insurers with help from an experienced protection adviser.
life insurance advisers
Why choose GHL Direct for life insurance?
Life insurance doesn't have to be complicated. Our experienced advisers help you compare suitable policies, understand your options and find cover that fits your needs and budget.
Save Time
Comparing life insurance policies can be confusing. We'll research suitable options, explain the differences and guide you through the application process, saving you time and effort.
Find Affordable Cover
Life insurance doesn't have to be expensive. We'll compare policies from a range of insurers to help you find suitable protection that meets your needs and budget.
Expert, Personal Advice
From choosing the right level of cover to understanding policy exclusions, your dedicated adviser will help you make informed decisions and protect what matters most.
Level term life insurance provides a fixed amount of cover for an agreed period, such as 10, 20 or 30 years. If you die during the policy term, your policy pays a lump sum, provided the claim meets its conditions.
It's commonly used to help protect family finances, cover an interest-only mortgage or provide financial support for dependants.
Decreasing term life insurance provides cover that reduces over time, usually in line with a repayment mortgage.
If you die during the policy term, the payout can help your loved ones repay the remaining mortgage balance. Premiums are often lower than equivalent level term cover, although the payout decreases throughout the policy.
Whole of life insurance is designed to provide cover throughout your lifetime rather than for a fixed term.
Unlike term insurance, which only pays out if you die during the policy period, whole of life cover is designed to pay whenever you die, provided the policy remains in force and its conditions are met.
It may be suitable for people looking to leave money to loved ones, cover funeral expenses or support inheritance tax planning.
Joint life insurance covers two people under one policy, commonly couples or partners.
Many joint policies pay out following the first death, after which the policy ends. This can help the surviving partner manage mortgage repayments and other financial commitments.
Separate individual policies may provide greater flexibility, so it's worth comparing both options.
Family income benefit is a type of life insurance that provides regular payments rather than a single lump sum if you die during the policy term.
It can help replace lost income and support your family's everyday expenses, including household bills, childcare and education costs.
The payments generally continue until the end of the agreed policy term.
PROTECTION
Life Insurance FAQs
Life insurance is a financial product that provides a death benefit to your beneficiaries upon your death.
Life insurance generally pays out if you die during the policy term, whether from illness, an accident or natural causes. However, exclusions and conditions apply.
For example, some policies exclude suicide within the first 12 or 24 months, and claims may be declined if important medical or lifestyle information wasn't disclosed accurately during the application.
An adviser can help you understand what's covered and any exclusions before you take out a policy.
Anyone who has dependents or financial obligations should consider life insurance. This includes people with families, mortgages, or outstanding debts.
The amount of life insurance you need depends on your financial situation, the number of dependents you have, and your desired lifestyle. A financial adviser from GHL Direct can help you determine the appropriate amount.
This will depend on your own personal circumstances, but we can quickly help you calculate an appropriate level of
cover by considering things like:
— Your mortgage and/or any other outstanding loans
— Your current income and your household
— Any likely childcare needs if you or your partner were to die or suffer serious illness or injury
Clearly, the higher the level of cover you decide you need, the more it will cost. Your age, medical history and occupation
are among the other factors that will have an impact on cost.
However, most policies are extremely good value for money, and many people are surprised at how affordable putting cover in place can be.
You may still be able to get life insurance even if you have health problems, but your premiums may be higher. There are also specialised life insurance policies for people with certain health conditions.
Your insurance adviser will guide you through the options during your chat.
Find life insurance
Knowing your loved ones are financially protected can provide you with peace of mind. Get the right life insurance cover today.