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Virgin Money life insurance

Find out more about the life insurance offered by Virgin Money

Alicia Hempsted
Reviewed by  Alicia Hempsted
5 min read
Updated: 22 Aug 2023

Who are Virgin Money life insurance?

Virgin Money was founded by Richard Branson in 1995 as part of the Virgin Group, alongside Virgin’s ventures in music, trains, airlines, and space travel. In 2018, Virgin Money was bought by the Clydesdale Bank, one of Scotland’s oldest banks and the only one to still have its headquarters in Scotland.  

Family playing outdoors

Get in touch with Virgin Money

For life insurance information and support, you can call Virgin Money customer service at:

0800 294 7575
Monday-Friday: 8am-8pm
Saturday: 9am-5pm
Sunday: Closed

What type of cover do Virgin Money provide?

With Virgin Money, you can choose from a range of different types of life insurance – so there’s sure to be something that will suit your needs: 

  • Life insurance with critical illness cover
    Virgin Money’s critical illness cover can help with extra medical expenses if you’re diagnosed with a critical illness 

  • Joint life insurance 
    Couples can take out joint life insurance with Virgin Money – whichever one survives the other will get a pay-out 

  • Group life insurance 
    Virgin Money’s group life insurance is a workplace perk that pays out the families of anyone who dies while an employee 

  • Term life insurance 
    Virgin Money’s term life insurance lasts for a set number of years, and pays out to your loved ones if you pass away during that term 

What you’ll need to get a quote

It’s easy to get a quote for life insurance with Virgin Money – here’s the information you’ll need to provide: 

  • Information about your health 
    Virgin Money will need to know some basic details about your medical history, including any pre-existing conditions 

  • Information about your lifestyle 
    You’ll also need to supply details of any lifestyle habits that can impact your insurance, such as drinking and smoking

  • Your age and your job 
    People who are older or who work dangerous jobs pose more of a risk for insurers, so these details will be factored into your quote 

  • Your partner’s details 
    For a joint life insurance policy, you’ll also need to provide some basic details about the health, lifestyle and work of the other person 

How to make a claim with Virgin Money

Nobody looks forward to having to claim on a life insurance policy, with Virgin Money you’ll get expert guidance to make the process as painless as possible. Here’s what you’ll need to do: 

  • Call Virgin Money. If your policy started on or after 23/05/2017, call 0800 294 7576. If your policy started before this date, you can find the number you need to call to make a claim on the Virgin Money website.

  • You’ll speak to a dedicated assessor who can help walk you through the rest of the process

  • They’ll take some basic information. It can be helpful to have the relevant policy number, but don’t worry if it’s not available

  • Once your claim has been processed, you should get your pay-out as soon as possible

Why take out life insurance with Virgin Money?

Virgin Money are a popular insurer – but are they right for you and your family? Here are some further details about what’s included, to help you make the right decision: 

  • Free will writing service 
    All policy holders get free access to a standard will writing service, to help make the next steps as simple as possible once you pass 

  • Legal advice 
    You’ll also be able to take advantage of free legal advice concerning your end-of-life affairs 

  • Virgin Money benefits 
    If you have a policy with Virgin Money, there’s a suite of other benefits that might be available – including exclusive deals and special offers  

  • Fully regulated 
    Virgin Money is fully regulated by the Financial Conduct Authority, which means you can be assured you’re in safe hands 

Compare life insurance deals with MoneySuperMarket

At MoneySuperMarket, we’re here to make finding the right life insurance as simple as possible. All you need to do is give us a few simple details about yourself and the cover you want, and we’ll show you quotes from some of the UK’s leading providers. You can compare quotes by price and the level of cover you’ll get – and once you’ve chosen, just click through to your provider to get started. 

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