You never know what life has in store, so you will want to know that your family are financially protected should something happen to you. Life cover can provide a safety net by helping to pay off a mortgage, for example, allowing your loved ones to keep your family home.

  • Life cover can pay out a cash sum if you die during the term of the policy.
  • You have a number of cover options, including decreasing cover, which can help pay off a repayment mortgage, or level cover, to help with an interest-only mortgage.
  • You can also consider critical illness cover, which means you would be covered if you are diagnosed with a critical illness that is covered by your policy.
  • Life insurance can also give you more than just financial protection, with access to practical and emotional support at a time when you might need it most. If you choose life insurance from Scottish Widows, this is available through Scottish Widows Care.
     

Scottish Widows Life insurance policies have no cash-in value at any time. If you don’t pay your premiums on time your cover will stop, your policy will end and you’ll get nothing back. If the sum assured has not been paid out by the end of the selected term, the policy will end and you’ll get nothing back.

THE IMPORTANCE OF LIFE COVER

THE IMPORTANCE OF LIFE COVER

The reason for taking out life insurance is to provide for you and your family if the unexpected should happen. This is never more evident than when you have to make a claim.

In 2023, we paid out £149 million in life cover claims, helping over 10,000 families. We paid out 99% of claims, 30% of these for cancer.

GOT A QUESTION?

GOT A QUESTION?

If you need to ask us a question about life insurance, then get in touch.

Contact us

HOW TO APPLY

HOW TO APPLY

Are you looking for life cover or critical illness cover? Find out how you can apply.

How to apply

Financial Services Compensation Scheme (FSCS)

Go to the FSCS website