Dave Beard

Expertly compared by Dave Beard

Products Updated February 8, 2021

Life Insurance For Parents & Children

Life insurance for parents and children would pay out a lump sum should they pass away. There are many other additional benefits payable with this policy cover. Let our experts find you the best deals on the market.

8 providers expertly compared:

ActiveQuote

Provider
ActiveQuote

Products
Life Insurance

Speciality
Compares The Market

Rated 4.8/ 5

All credit types

Active Quote will compare the marketplace across 10 life insurance providers to find you the best deal that meets the needs of youself and your family. Finding the best deal from providers such as Zurich, VitalityLife and Royal London only takes a few minutes and policies can be purchased online.

8 providers expertly compared:

Available via broker only

Friends Life

Provider
Friends Life

Products
Life Insurance

Speciality
Life Insurance

Rated 4.7/ 5

All credit types

Friends Life is now part of the Aviva Group. Get the cover you need to protect your family and loved ones when you're no longer around.

8 providers expertly compared:

Available via broker only

Zurich

Provider
Zurich Life Insurance

Products
Life Insurance

Speciality
Life Insurance

Rated 4.2/ 5

All credit types

Zurich Life Insurance will pay out a cash sum if you die during the term of the policy, or if you are diagnosed with a terminal illness and are expected to live for less than 12 months. Plans can be tailored with optional extras to suit your individual requirements and to provide added peace of mind.

8 providers expertly compared:

Available via broker only

Ageon

Provider
Ageon Life Insurance

Products
Life Insurance

Speciality
Life Insurance

Rated 4.6/ 5

All credit types

Ageon is here to help you reach your goals at every stage of your life. Part of that involves putting plans in place to adequately protect and insure you against the unexpected things in life.

8 providers expertly compared:

Available via broker only

Royal London

Provider
Royal London

Products
Life Insurance

Speciality
Life Insurance

Rated 4.5/ 5

All credit types

With a policy in place with Royal London , you can leave money to your loved ones when you pass away, to help protect your family financially. Get a free quote or apply online.

8 providers expertly compared:

Available via broker only

LV

Provider
Liverpool Victoria

Products
Life Insurance

Speciality
Life Insurance

Rated 4.5/ 5

All credit types

Life insurance from Liverpool Victoria will pay a lump sum should the worst happen, so you will have peace of mind that your family and loved ones will be financially protected when you’re no longer here. Even superheroes need protection.

8 providers expertly compared:

Available via broker only

Legal & General

Provider
Legal & General

Products
Life Insurance

Speciality
Life Insurance

Rated 4.6/ 5

All credit types

Life cover or life assurance helps you to financially protect the future of your loved ones. Life Insurance from Legal and General offers reassurance that your loved ones or family will still be looked after financially should the worst happen.

8 providers expertly compared:

Learn More Available via broker only

Vitality

Provider
Vitality

Products
Life Insurance

Speciality

Rated 4.6/ 5

All credit types

If the worst should happen, or you can’t work because of illness or injury, Vitality Life's 5-star Defaqto award-winning range of protection products will give you or your family payments to make things easier.

Read our customer and visitor reviews for this product:

Rating: 5 / 5 with 1 votes

No issues using this service.

by ANOM

I've used ActiveQuote before and find the whole process simple and they do as promised.

FAQ

If you require life insurance for your parents, one of our advisor's would request to speak with your parents to confirm they are happy to proceed and let you arrange their cover. If your intentions are to pay for the cover yourself you may be asked for proof of identity. Your parents would be required to answer the health questions, check and sign all documents. We are happy to help you every step of the way to make it as simple as possible.

Life insurance for your parents would pay out a lump sum should they pass away. There are many other additional benefits payable with this policy cover.

Most children commonly take this cover because of the fear of funeral costs especially if their parents have no savings which means you could be left wondering where the money will come from to give them a funeral that is fitting for them.

Life insurance for your parents protects you and your family and the policy pays out a lump sum should your parents pass away. There a number of other benefits available within these types of policies.

The monies paid to the beneficiaries can be used for any purpose but is mostly used to pay off any debts, mortgage, childcare or funeral costs.

There are number of policies available should you require insurance cover for your parents:

All these options will be explored to ensure you are happy with the cover and that your parents have the cover required at an affordable cost that reflects their circumstances.

here are many features that come with this cover:

  • The death benefit would be paid to the policy beneficiaries should your parents pass away, this will help with any debts and funeral costs.
  • The terminal illness benefit would be paid if your parent/s were to be diagnosed as terminally ill and have no more than 12 months left to live. The benefit amount would be paid out and this could help with future arrangements.
  • The funeral benefit amount would be paid in advance to help cover the costs of the funeral should your parent/s pass away.
  • Insurance amendments, can be made to the policy should their circumstance change at any time. We may need to speak to your parent/s in order to process any changes.
  • Financial planning benefit would be paid if your parent/s were to gain approved financial planning advice upon the payment of a life cover benefit.

There are a number of benefits available with this policy;

  • Simple and fits your parents needs because the process is straight forward and we aim to assist you and make it as easy as possible. This policy requires no medical examination saving your parent/s a trip to the doctors.
  • Fixed premiums - Once the policy has been agreed and you and your parent/s are happy your monthly premium will not increase so you and your parent/s are aware of how much the policy is costing per month.
  • Affordable - We offer this cover with a range of benefits and choosing the right option for you and your parent/s ensures the cost reflects the cover required and your parent/s circumstances.
  • Funeral costs, debts and mortgage are covered giving you peace of mind.

Related Links

Critical Illness Cover

Critical illness quotes compared side-by-side.

Family Life Cover Insurance

Get life insurance cover for the whole family.

Whole of Life Insurance Cover

Whole of life insurance quotes from leading providers.

Joint Life Insurance Cover

Joint life insurance cover from leading providers.

Level Term Life Insurance

Compare level term life insurance quotes.

Cover For Mortgage Payments

Get cover for your mortgage payments.

Life Insurance For Parents & Children

Life cover quotes for parents and children.

Life Insurance For Mums & Dads

Protect your family with life insurance for Mums & Dads.

Over 50's Life Insurance

Over 50's life insurance quotes from leading providers.

Over 60's & 70's Life Insurance

Over 60's and 70's life insurance quotes from leading providers.