Friends Life

Dating back to 1832, Friends Provident is one of the most well-established financial services groups in the UK that specialises in the UK life and pensions market. Friends Provident offers a number of services under the protection banner including life insurance (also known as ‘Friends Provident term assurance’ or ‘Friends Provident life assurance’).

Get life insurance

Get life insurance

With Friends Provident life cover your family is protected when they need it the most. The policy pays out a lump sum if you die or are diagnosed with a terminal illness during the cover term.

There are two options available – level or decreasing term. Decreasing term options are best taken alongside a repayment mortgage as the amount you are covered for decreases in line with the amount owed on your mortgage. Level term policies are best for those who want the cover to remain the same over the life of the plan. You can also take out joint cover for a spouse or civil partner.

In addition, Friends Provident also offers critical illness cover that pays out a cash sum during the cover term should you be diagnosed with one of the company’s list of critical illnesses. There are payouts if you suffer a permanent or total disability and both level term and decreasing term options are available.