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Our life insurance quotes are specially tailored to those of you who work within the police force.
This insurance policy will pay your beneficiary (family, partner etc) a lump sum of money should you die prematurely and unexpectedly.
This will help cushion any financial impact your death may have on your family / loved ones and can be used to fully settle any financial obligations you may leave them behind with such as a personal loan, credit cards, mortgage etc.
There are different types of Police Life Insurance available which are:
Term Life Insurance
This is the most common life insurance policy and will cover you for an agreed length of time in years (known as term). The value of the policy remains the same throughout it’s whole lifetime and so do the premiums. If a claim is not made during the term of the policy then it will just simply expire, you will stop paying your premiums and the policy will carry no monetary value.
Whole Life Insurance
Differing to term life insurance, this policy will cover you for the rest of your life. It is more of an investment related policy where part of your premiums will go into the stock market, other companies etc.
Increasing Life Insurance
Increasing life insurance is a police insurance policy which increases in value throughout the policies term. It is usually reviewed on a yearly basis to keep it in line with inflation and to ensure your policy will remain at its real value. Normally, increasing life insurance will be indexed linked which means it is linked to the UK’s retail price index or RPI for short.
Decreasing Life Insurance
This is where the your police life insurance policy is linked to your mortgage and its value decreases throughout it’s term along side your mortgage. This policy is usually taken out to cover just the mortgage.
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