Life insurance pays out a lump sum if you die during the term of the policy, and some insurers let you add cover for your children too.

Adding cover for your child means you get a lump sum if they die before you, up to a set age. This could give you financial support while you take time off work to grieve.

This comparison shows family life insurance policies that let you add cover for your children. You can get quotes from each insurer by completing our broker form.

How to choose the best policy?

To get the right policy, you need to:

  • Choose a payout amount: This will be the lump sum paid out if you die during the term of the policy. The higher the payout, the higher your premiums are likely to be. Only get the cover you need to save money, e.g. enough to pay off your mortgage.

  • Decide how long the policy should run for: Choose a term that suits your needs, but the longer you choose, the longer you pay premiums for. Most policies have age restrictions, so your options become more limited as you get older.

  • Consider your child's age: You can add your child to a life insurance policy, whether it is yours or a joint policy with your partner. This comparison shows the maximum age your child can be to get added to each policy.

Once you know what you want from a policy, you can get quotes to find the best price.

Family life insurance FAQs

Q

How much does family life insurance cost?

A

The price is based on your age, how much cover you want, how long you want it for, and your medical history. Here is how to cut the cost of life insurance.

Q

Can I cover more than one child with family life insurance?

A

Yes, the insurers in this comparison offer policies that pay out a lump sum for each child. Check with each insurer for any cover exclusions before you apply.

Q

Is life insurance guaranteed to pay out?

A

Only if your cause of death is covered in your policy, and you die during the term of the policy. Here is more on how life insurance works.

Q

Can I still get life insurance if I have poor health?

A

You may find it harder to get cover if you have any health issues. Get as many quotes as you can until you get accepted for the cover you want.

Q

Can I have more than one life insurance policy?

A

Yes, but you may find it cheaper to have one policy that gives you the exact cover you need. Use this comparison to get quotes to find the best price.

About our family life insurance comparison

Q

Who do we include in this comparison?

A

We include family life insurance from our panel of insurers. They are regulated by the Financial Conduct Authority (FCA).

Here is more information about how our website works.

Q

How do we make money from our comparison?

A

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.

You do not pay any extra and the deal you get is not affected.