Direct Line Life Insurance
Life insurance is designed to help your family financially upon your death and a Direct Line Life Insurance policy can be yours for as little as £6 a month. For the sake of £6 a month if you do not have life insurance already it is something that you really need to think about sooner rather than later.
Direct Line Life Insurance can be taken out to cover your mortgage payments, or it can be taken out to simply provide for your family should you die, but did you know that the older you get the more expensive it becomes, so it would pay you to act now.
To be able to benefit from a Direct Line Life Insurance policy you need to be between the ages of 17 and 77 and you must live in the United Kingdom, and any policy you take out must end before your 80th birthday. If you require critical illness cover to be added to your policy you must be between the ages of 17 and 62 and the policy must come to end before you 70th birthday.
You can either apply for a Direct Line Life Insurance policy in your own name, or if you are married or have a partner you can apply for a joint policy. If you already hold an insurance policy with Direct Line, whether it is car, pet or travel insurance you may be able to get a further discount of your life insurance as well.
There are different types of Direct Line Life Insurance policies to choose from, with the first being known as a level term life insurance. This type of policy is designed to provide a lump sum for your family upon your death. The money can be used to pay off a mortgage or other types of loans, or it can be used to pay for funeral expenses. It can also simply be used to provide for your family on a day to basis after you die, or it could be invested for your children’s future. Level term simply means the amount you pay each month stays the same as does the lump sum that you will receive.
There are two types of mortgage life insurance policies available from Direct Line, with the first being a mortgage level term insurance and the second be a mortgage decreasing term insurance. The level term option will help protect an interest only mortgage, while the decreasing option has been designed to help a repayment mortgage.
Whatever your requirements are you can compare Direct Line life insurance plans with hundreds of other plans from UK’s top life insurers by completing our short form. You will receive a free quote provided by an experienced FSA adviser so you can rest assured about making the best decision possible knowing that if the unexpected were to happen your loved ones will be safe.