Life Insurance

Level Term Insurance

Fixed protection for a set period. If the unexpected happens, your family receives a lump sum to stay financially secure.

What is Level Term?

Level Term Insurance is a type of life insurance that pays out a fixed lump sum if you die during the policy term.

Unlike other types of life insurance, your cover amount stays the same throughout the policy term - hence "level".

This makes it ideal for covering fixed expenses like school fees, debts, or ensuring your family has financial security no matter when tragedy strikes.

At a Glance

  • Fixed monthly premiums for chosen term
  • Lump sum payout if you die during term
  • Terms typically 5-40 years
  • Cover from £50,000 to £2 million+

Key Benefits

Why choose Level Term Insurance for your family's protection.

Fixed Premiums

Your monthly payments stay the same for the entire policy term, making budgeting easy.

Guaranteed Payout

As long as you keep up with payments, your family receives the full amount if the worst happens.

Family Protection

Ensures your loved ones can maintain their lifestyle and cover essential costs.

No Medical Exam

Many policies don't require a medical exam - just answer some health questions.

Terminal Illness Option

Many policies include cover for terminal illness, paying out early if diagnosed.

Convertible Option

Some policies let you convert to Whole of Life cover without further medical questions.

How Much Does It Cost?

Level Term Insurance is often the most affordable type of life cover.

Here's an example of what you could pay:

£5/mo
Age 25
£100k cover, 20yr term
£12/mo
Age 35
£150k cover, 25yr term
£25/mo
Age 45
£200k cover, 20yr term

*Example quotes based on non-smoker, healthy individual. Your quote may vary.

Get Your Free Quote

Compare quotes from 50+ insurers and find the best deal for your needs.

Common Questions

When does Level Term pay out?

Can I add critical illness cover?

What happens if I stop paying?

Can I decrease my cover amount?