SunLife’s Family life insurance is a straightforward and affordable way to make sure some money will be there to support your family if you died unexpectedly.
Money that could be used to pay the mortgage, household bills and the everyday small things that mean so much, like football training and ballet lessons.
Anyone aged 18-59 and resident here in the UK can apply. You don’t need a medical. You simply answer some health and lifestyle questions to find out instantly whether you qualify for Family Life Insurance.
The way our life insurance works is simple
Here are some typical examples of life insurance in action.
Adam’s wife Helen passed away leaving Adam and two children. Helen had been a busy stay at home parent doing all the things demanded by a young family. Adam works full time and now needs help with childcare so he can continue to earn enough to support his family.
Luckily, when she was 38, Helen had taken out life insurance. She chose a term of 10 years to cover the time her children had left at school, and paid a £10 premium every month. She was in good health when she applied and didn’t smoke.
When she sadly died 7 years later, her family received a cash payout of £130,000. This gave Adam the financial security to get the help he needed with childcare and meant the family could carry on doing the things they enjoyed.
Sue’s husband Tom passed away leaving Sue with one child. Sue and Tom both worked full time and relied on both their incomes to pay the mortgage on the family home.
This was the main reason Tom took out life cover when he was 35. He chose a term of 10 years to cover the period his daughter was likely to be living at home and a cash payout big enough to pay off a large chunk of the mortgage. When he applied he was in good health and a non-smoker. He paid a premium of £13.21 every month.
When Tom sadly died 5 years later, Sue received a cash payout of just under £250,000 which helped them to maintain their lifestyle in the family home.
All figures correct as at 23/09/2016
What you need to know about SunLife's Family Life Insurance
Family Life Insurance is provided by Scottish Friendly.
If you don’t pay your premiums every month throughout the term, you won’t be covered any more and you won’t get any money back.
The amount of your payout will depend on your age, the premium and the term you choose and your answers to the health and lifestyle questions asked when you apply.
The payout is a fixed amount of money, so inflation will reduce how much it will buy in the future. You can be sure your cash payout will never go down so you know exactly how much would be there to support your loved ones.
SunLife offers a range of straightforward and affordable products including over 50s life insurance, funeral plans, life insurance, pet insurance, car insurance, home insurance, ISAs and Will writing services.