≡

Life Insurance

Menu


 

Life Insurance – Secure Your Family’s Future with Money Factors Ltd

Looking for life insurance that offers peace of mind and financial protection for your loved ones? At Money Factors Ltd, we provide reliable and flexible life insurance policies tailored to meet your needs. Whether you're just starting a family, buying a home, or planning ahead, our policies are designed to help protect the people who matter most, when they need it most.

What Is Life Insurance and Why Do You Need It?

Life insurance is a financial safety net that ensures your family or dependents are protected if you pass away or are diagnosed with a terminal illness (with less than 12 months to live) during the policy term. It pays out a tax-free lump sum to your chosen beneficiaries, helping them cover essential expenses like:

  • Mortgage or rent payments

  • Outstanding debts

  • Day-to-day living costs

  • Childcare and education expenses

  • Funeral costs

At Money Factors Ltd, we understand how important it is to plan for the unexpected. That’s why our life insurance policies are built with flexibility, affordability, and long-term security in mind.

How Does Life Insurance Work?

1. Who Can Apply for Life Insurance?

You’re eligible to apply if you're a UK resident aged between 18 and 77. If you'd like to include Critical Illness Cover, you can apply up to age 67. It’s a simple and straightforward application process with Money Factors Ltd.

2. Choose the Right Cover for You

You decide the amount of life cover and the policy term. Your monthly premium stays fixed, meaning your payments won’t increase – making it easy to budget long-term.

3. Individual or Joint Life Cover

You can choose between a single life policy or a joint policy (ideal for couples or business partners). We also offer the option to split joint policies in the event of divorce or dissolution of a civil partnership.

4. Add Critical Illness Cover for Extra Protection

Enhance your life insurance by adding Critical Illness Cover for an additional cost. This provides a payout if you're diagnosed with a serious illness covered in the policy.

5. Put Your Policy in Trust

Putting your life insurance policy in trust can help manage your payout distribution, potentially avoiding inheritance tax and speeding up the claims process.

What Does Life Insurance Cover?

  • Lump Sum Payment: A cash lump sum to your family after a valid claim – helping them stay financially secure.

  • Guaranteed Premiums: Fixed monthly or annual payments that won’t change unless you make policy adjustments.

  • Accidental Death Benefit: Temporary cover during the application process – protecting from day one.

  • Free Life Cover During Home Purchase: Free temporary cover from exchange to completion (or from missives in Scotland) when you're buying a property.

  • Terminal Illness Cover: Full payout if you're diagnosed with a qualifying terminal illness.

  • Critical Illness Option: Add cover for conditions like cancer, heart attack, or stroke for extra peace of mind.

Benefits of Choosing Life Insurance

Financial Security for Your Loved Ones

Our life insurance ensures that your family will be financially supported even if you’re not there to provide for them. It can replace lost income, help maintain living standards, and ease financial stress during a difficult time.

Flexible Options to Suit Your Needs

From selecting your cover amount to choosing additional options like critical illness cover or setting up your policy in trust, we offer full flexibility to build a plan that works for you.

Affordable, Fixed Monthly Payments

We believe in keeping things simple. With fixed premiums, you won’t face unexpected payment hikes – making your policy easy to maintain over time.

Peace of Mind for the Future

Knowing your loved ones won’t face financial hardship gives you the peace of mind you deserve. With Money Factors Ltd, your future is in safe hands.

Why Choose Money Factors Ltd for Your Life Insurance?

  • Personalised advice from experienced UK-based professionals

  • Competitive rates tailored to your circumstances

  • No hidden fees or complex jargon

  • Comprehensive support every step of the way – from quote to claim

At Money Factors Ltd, we make life insurance simple, affordable, and effective.

Get a Life Insurance Quote Today

Take the first step in protecting your family’s future. Contact Money Factors Ltd today for a free, no-obligation life insurance quote tailored to your needs. Our friendly advisers are here to help you make the right decision with confidence.