Family life insurance

Compare life insurance quotes for policies that could protect your whole family on a single family life insurance policy so you are all covered if something happens.

Life insurance

Sponsored by

Get quotes from these life insurance providers and more.

Aviva inline logo
HSBC logo
Legal & General logo
LV logo
Royal London logo
Scottish Widows logo
Vitality logo

Last updated: 4 January, 2021

What is family life insurance?

Family life insurance is a policy that pays out a lump sum if you die, but it also covers your children up to a set age.

The payout you choose for yourself when you take out family insurance is usually much higher than the payout you’d get for your child.

Having family insurance can give you the financial support you’d need if you took time off work to grieve.

It can also give you peace of mind that your family would have the financial support they’d need if you were to pass away. They could use the payout to pay off the mortgage or your debts, or just to cover day-to-day expenses.

How does family insurance work?

Life insurance pays out a pre-agreed lump sum if you die during the term of the policy. Some insurers let you add cover for your children too, which means you’re getting a family insurance policy.

Adding cover for your child means you get a lump sum if they die before you do. It’s valid up to a set age. 

You’ll pay monthly premiums to the insurer.

Heres help choosing the best family life insurance for you.

How to choose the best family life insurance, UK wide 

To get the right family life insurance, UK wide, you need to make a few decisions. 

You’ll need to:

      Once you know what you want from your policy, you can get quotes to find the best family life insurance at a decent price.

      Find out how to cut the cost of your life insurance.

      Which is the best family life insurance for me?

      There are three types of family life insurance, UK wide. These are: 

        When it comes to family life insurance, is it best to add children to a single policy or joint policy?

        You can generally add children to either type of policy.

        A single life insurance policy covers just one adult. A couple would therefore need two single life insurance policies. You have to name a beneficiary.

        A joint life insurance policy covers two people who are in a relationship, and can be cheaper than having two single life insurance policies. It pays out to the other person on the policy when one person passes away. However, it only pays out once, and not for both people.

        When to review your family life insurance, UK wide.

        You’ll need to review your family life insurance policy if you have more kids. You may want to add them to the policy. Or you might decide you’d need a bigger payout because you have more kids.

        You should also review your policy to arrange a bigger payout if you move house and have a bigger mortgage that you’d need to cover.

        Are there any alternatives to family insurance?

        You could look into family income benefit insurance. This pays out a monthly income, designed to replace a lost salary. It would pay this until the policy term ends.

        You may also like to consider taking out family critical illness cover in addition to family life insurance. It gives you a payout if you – or a member of your family – is diagnosed with a critical illness during your policy term. This could help with getting private medical care, or if you needed a lot of time off work. But you should be aware that, generally, if you add critical illness to your family life insurance policy, it will only pay out once. It won’t pay out when you are diagnosed and then again if you pass away.

        Family life insurance FAQs

        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.

        Yes, some insurers offer policies that pay out a lump sum for each child. Check with for any cover exclusions before you apply.

        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.

        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.

        Yes, but you may find it cheaper to have one policy that gives you the exact cover you need.

        Get life insurance quotes

        Compare life insurance from a wide range of UK providers