What is Life Cover?
Life Cover provides a lump sum cash payment if the person covered dies or is diagnosed with a terminal illness (with a life expectancy of less than 12 months). The person covered could be a shareholder, business partner or Key Person.
Get more from our Life Cover
Our Life Cover is available on a fixed term or renewable term basis. If you select a renewable term at the end of five years you have the option to take out a plan for a further five years.
More cover whilst we assess your application
With our VitalityLife Plan your business will receive free cover at no extra cost whilst the business is waiting for its application to be assessed.
Plus - Life Cover for people with HIV
We are the first mainstream insurance company to provide Life Cover for people with HIV, of up to £250,000 for a maximum of ten years.
- Min term - one year
- Max term Reviewable premiums - 60 years
- Guaranteed premiums - 50 years
- Min sum assured - £10,000 subject to minimum premium
- Max sum assured - £10,000,000
- Min entry age next birthday - 17
- Max entry age next birthday - 75
- Max expiry age - age 80 exactly
Relevant Life Plan
A Relevant Life Plan benefits your clients employees, by making them feel more valued. But it also benefits their business as a whole, as they’re likely to be more engaged, take less time off sick and be more productive.
More safeguards with our guaranteed insurability options
Business protection solutions
Our business solutions can help give your client reassurance.
Key Person Cover
Gives your clients a payment to help protect their profits if an employee dies or suffers a serious illness.
Relevant Life Cover
Cost-effective alternative to Life Cover. A tax-efficient way for your client to give their best people the best benefits.
Shareholder or Partnership Protection
Gives your clients a lump sum so they can keep control of the business if a shareholder or a business partner dies or suffers a serious illness.
Business Loan Protection
Gives your clients a payment to repay business loans if a shareholder or a business partner dies or suffers a serious illness.