PROTECT YOUR FAMILY
Watch the playlist of the most frequently asked life insurance questions answered by the Protection Specialists at Caspian.
Life insurance is a type of insurance policy that can protect the people you care about most if you become terminally ill or pass away.
It can provide peace of mind for you and your family by taking care of your financial commitments if the worst should happen and it can offer some relief during periods of uncertainty.
If you have children, or a spouse, or anyone else who depends on you financially then life insurance is probably for you. Especially if you don't have enough savings to cover their living expenses day to day.
The benefit amount can be used to manage outstanding debts, mortgages or loans that they'd otherwise have to pay without your income.
Life has a nasty habit of throwing curve balls when you least expect it. The sad truth is that over 23,600 parents with children under the age of 18 pass away every year in the UK.
Nikki is 35 and married with 2 young girls. She never thought she'd have a heart attack, but was relieved to have life insurance and critical illness cover to protect her family when she did in 2019. Watch her message.
Life insurance starts from as little as £5.00 per month.* The amount you'll pay is dependant on several factors including your age, health and lifestyle.
You should begin by considering how much financial support your family or loved ones may need if you were to pass away such as outstanding debts, mortgages or loans. That way you can determine which provider and product is best for you.
Next, get a quote from Caspian to find out what cover is available and how much it will cost you.
The knowledge that your family will be taken care of financially if the worst should happen makes life insurance invaluable for most people.
It can give you peace of mind knowing your loved ones will receive a lump sum to help cover the financial burden if anything does happen to you and it can bring them some relief during a difficult time too.
It's not easy to put a price on peace of mind, but many of our customers agree it's worth it.
Life insurance starts with a free quote, comparing the options and selecting your cover - it's simple with help from the experts at Caspian.
Caspian is an impartial life insurance specialist who works on your behalf to find you the right cover at the best price.
Cover from as little as £5.00 per month.*
Dedicated specialists to answer your questions.
Free no-obligation quote and comparison service.
Caspian is 1st out of 220 companies in the 'Insurance Agency' category and rated 'Excellent' by over 2,000 verified customer reviews.
To make sure you're fully protected, Caspian gets to know your individual needs before recommending a protection product.
Caspian makes it simple to find the right cover for you and your family. With our expert advice and support you’re in good hands.
Comparing life insurance is particularly important as you can choose different types depending on what you want to cover.
The two most common types of life insurance are:
Level Term Life Insurance
Level Term Life Insurance is one of the simplest types of cover. It can provide your family with guaranteed financial protection if you pass away within the contract term, and works on a fixed basis.*
Mortgage Life Insurance
Mortgage Life Insurance can provide a payout if you pass away within the contract term. It is the right choice if your partner or dependants can't afford the mortgage without your income.*
More life products to consider:
Whole of Life Insurance
Whole of Life Insurance does what it says on the tin. It's a policy that can provide a payout to your family, as long as your payments continue, no matter when you pass away.
Critical Illness Cover
Critical Illness Cover can payout a tax free lump sum if you are diagnosed with a critical illness or have to undergo surgery. It is important to note that the illness or surgery type has to meet the policy definition.
Income Protection Insurance
Income Protection Insurance can provide financial support if you fall ill and can't work. It gives you peace of mind knowing you're financially covered should the worst happen.
Family Income Benefit Insurance
Family Income Benefit Insurance can provide your family with regular income spread out over a set period. It can be a cost-effective way to provide financial support for your family.*
There's no 'one size fits all' when it comes to choosing the best product for you. Every policy is unique and based on your individual circumstances.
Choosing the right cover will mean taking your age, health, finances and other factors into consideration, which can sometimes be complicated and time-consuming.
The simplest and fastest way to find the right type of life insurance for you and your specific situation is to speak with an expert who can point you in the right direction. Especially as there are some pitfalls to avoid and it's not worth the risk of getting the wrong policy and regretting it later.
For example, selecting a policy that has no cash in value or potentially paying your premiums throughout the term but if you survive the plan, the policy pays out nothing and you don't get your premiums back.
These sorts of things can be easily avoided when you speak with a life insurance expert at Caspian who can give you free tailored advice and support.
Life insurance starts with a quote from an insurance broker, like Caspian, who'll compare the top life insurance providers to get you the best deal.
In reality, no matter whether you go online or over the phone, chances are you'll end up with a similar set of life insurance offers, from the same group of insurance providers.
That's because your personal circumstances won't (or at least shouldn't) change, regardless of who you speak to about insurance and policies are quite competitive.
However, a good insurance broker should give you the right advice on which policy you need and how much you should be paying for your cover. As well as answering any questions you may have to help you make an informed decision.
*Quote based on a 26 yr old non-smoker (Smoker status: Non-Smoker – classified as someone who has never smoked, used tobacco or nicotine, or who completely stopped more than five years ago) for £153,557 of Reducing Life cover over a 25 year term with Aviva. Quotes may be subject to a chosen insurers underwriting process.
**All provide terminal illness cover (if life expectancy diagnosed by a medical professional as being 12 months or less to live) providing diagnosed within the contracted term.