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Life Insurance (Term)

personal

Term life insurance pays a lump sum if the policyholder dies within the specified term. Provides financial protection for dependants — mortgage repayment, income replacement, or family security.

GeraSure is a comparison and referral service. Insurance products are provided by FCA-authorised or equivalent regulated insurers in each jurisdiction. GeraSure does not underwrite insurance policies and does not provide financial advice. Always read the policy wording before purchasing.

Typical Annual Premium

£80 – £600per year

Premiums depend on your risk profile, coverage level, and insurer. Get a personalised quote.

What's Covered

  • Lump sum death benefit
  • Terminal illness benefit (typically included)
  • Option: decreasing term (mortgage protection)
  • Option: level term (income protection)

Key Exclusions

  • Suicide within first 12–24 months (check policy)
  • Pre-existing undisclosed medical conditions
  • Deaths related to illegal activities

How to Make a Claim

  1. 1

    Beneficiary notifies insurer with death certificate and policy documents

  2. 2

    Insurer reviews claim — straightforward claims pay out within 5 working days

  3. 3

    Lump sum paid to named beneficiaries

Available In

United KingdomIrelandArmenia

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Frequently Asked Questions

How much life insurance do I need?

A common rule of thumb is 10x your annual income for income replacement. For mortgage protection, match your outstanding mortgage balance. Use GeraSure's life insurance calculator for a personalised recommendation.

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