Why choose Direct Line?
What is life insurance?
Life insurance is simply an affordable way to help you look after your loved ones financially if you die during the policy term. By paying out a lump sum, your policy can help them deal with everyday money concerns such as household bills, childcare costs and mortgage payments. Our life insurance is provided by Legal & General.
Level Term vs Decreasing
Level term life insurance
You choose the amount to be paid out, which remains fixed throughout the length of your policy unless you change it. Although it can help cover an interest-only mortgage, your family can use the lump sum however they wish.
Decreasing term life insurance
This policy is designed to cover a repayment mortgage, so your cover reduces roughly in line with the way a repayment mortgage decreases. Although it’s designed to help repay a capital and interest mortgage, your family can use the decreasing sum however they wish.
Frequently Asked Questions
Do you need Critical Illness Cover?
Adding critical illness cover for an extra cost when you take out a life insurance policy can help cover you for a range of critical illnesses. Life cover can only pay out if you die during the policy term, but critical illness cover could pay out if you’re diagnosed during the policy term with illnesses such as stroke, heart attack and certain types of cancer. Children’s Critical Illness Cover is also included. Terms and conditions apply.
We only cover the critical illnesses shown in our Guide to Critical Illness Cover and no others.
Adding critical illness cover may be less expensive than you think. In 2017 customers who bought our life insurance with critical illness cover paid an average of £27 per month and the average cover was £61,000. As you’d expect, with Direct Line you can choose how much critical illness cover you need to suit your budget.
How It Works
Get a life insurance quote in under 3 minutes:
- Select the type of life insurance you want: Level Term or Decreasing Term.
- Choose the amount you want to be covered for. Our online cover calculator can help you decide.
- Decide whether you want to add Critical Illness Cover for an extra cost.
- Choose the length of your cover. This can be up to 50 years, as long as it finishes by the time you’re 90 (70 if you choose critical illness cover).
- Decide if the policy is just for you, or for both you and your partner.
What you need to know
Our premiums stay fixed unless you make changes to your policy.
If you cancel your policy or stop paying premiums, your cover will end 30 days after your missed payment and you’ll receive no money back. There are no cancellation charges or other fees for life insurance.
This isn’t a savings or investment product and has no cash value unless a valid claim is made. Inflation may reduce the value of your cover.
Life Insurance e‐Gift Card terms & conditions
*Amazon.co.uk is not a sponsor of this promotion. For complete gift card terms and conditions, see www.amazon.co.uk/gc-legal. All Amazon ®, ™ & © are IP of Amazon.com, Inc. or its affiliates.