It is a life insurance policy that gives you the option to increase your payout later in life.

Increasing your payout at a later date is called guaranteed insurability. If you opt to use it, you will not need to provide your medical information again.

This comparison shows insurers that offer life insurance with guaranteed insurability.

You can get quotes from each insurer by completing our broker form, or you can call the broker directly for a no obligation discussion.

When can you increase your cover?

You can only increase your payout at specific times, which can differ depending on the insurer you choose.

Each insurer has a list of life events when you can increase your payout, such as:

  • Changing job, getting a promotion or retiring

  • Getting married or divorced

  • Becoming a parent

  • Moving home

  • Receiving a cash gift or inheritance

Most insurers only let you change your payout a set number of times, and limit the amount you can increase your payout to.

Warning: Increasing your payout will also increase your monthly premiums.

What policies does it come with?

Depending on the insurer, you could add guaranteed insurability to the following types of life insurance:

  • Level term: You choose a set payout and pay premiums for a fixed term.

  • Decreasing term: You choose a payout which reduces each month until the end of a fixed term.

  • Whole of life: You choose a set payout which pays out whenever you die, with no fixed term.

Guaranteed life insurance FAQs


How much does guaranteed life insurance cost?


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.


Does guaranteed life insurance always pay out?


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


Can I have more than one life insurance policy?


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.


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


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.

About our guaranteed life insurance comparison


Who do we include in this comparison?


We include guaranteed 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.


How do we make money from our comparison?


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.