Life Insurance
Get the right life insurance for you and your family
What is life insurance?
Life insurance is a policy that provides financial support for families and loved ones in the case of unexpected bereavement. The policy provides your loved ones with financial support in a single payment or regular payments at one of life’s most unimaginable times. Usually meant as a way to manage everyday financial commitments, remove debts or even free themselves from large financial obligations like mortgages.
Picking the right life insurance for your situation can be tricky. That’s why we are here to help you find the right solution for you, regardless of your circumstances.
A lot of life insurance policies are based on a variety of factors, including your current age and health. Understandably, the more at risk you are, the more expensive cover may become.
We’d always recommend taking out cover if your budget allows for it. However, settling for the lowest rate you can find is rarely the best approach.
We are here to help, regardless of your current situation. We’ll collect a list of options to advise you on the right one.
Why Choose Prestige Mortgage Solutions?
Consult with one of our staff members about both your family’s and your own needs if the unthinkable should happen.
Tailored advice for cover for your situation and needs
We’ll search to find the option that’s right for you.
We offer no-obligation consultations to see how we can help.
Policies offered with an outcome of either one large payment or regular payments to spread the protection for longer
Do I Need Life Insurance?
If you have children, a dependent, or other loved ones, life insurance is a strong investment for their future. Although optional, ensuring you provide financial assistance should the worst happen is important. For example, these payouts could help your partner pay off your mortgage or any remaining debts if your income suddenly stopped, or it may be able to pay off the fees for your child’s education.
Life insurance is useful if:
You are paying back a mortgage that would be affected by your absence.
You have outstanding debts to pay off.
You need to ensure income security.
You need to pay for child support or university education costs.
You want to pay off other expenses
We can also find excellent rates on critical illness cover and income protection cover to include within your life insurance policy.
What is life insurance and how does it work?
Life insurance is a policy that provides financial support for your family and loved ones if you pass away unexpectedly. Depending on the policy, your loved ones receive either a single lump-sum payment or regular payments — money that can be used to manage everyday financial commitments, clear debts, or pay off large obligations like a mortgage.
Do I really need life insurance?
If you have children, a partner, or anyone who depends on your income, life insurance is a strong investment in their future. It's particularly worthwhile if you're paying back a mortgage that would be affected by your absence, have outstanding debts, need to secure your family's income, or want to cover costs like child support or university education.
How much does life insurance cost in the UK?
Premiums are based on a range of factors including your age, health, lifestyle, the amount of cover you need, and the policy length. Generally, the younger and healthier you are when you take out cover, the cheaper it is — which is why we recommend arranging it sooner rather than later if your budget allows.
Should I just choose the cheapest life insurance policy I can find?
We'd advise against it. Settling for the lowest rate is rarely the best approach, as the cheapest policies may not provide the right level or type of cover for your family's actual needs. We'll compare a range of options and give you tailored advice on the policy that genuinely suits your situation — with a no-obligation consultation to start.
Should my life insurance pay out as a lump sum or regular payments?
Both options are available, and the right choice depends on your family's needs. A single large payment can clear a mortgage or debts immediately, while regular payments spread the protection over a longer period — for example, replacing your monthly income while your children grow up. We'll help you decide which structure works best.
Can I add critical illness cover or income protection to my life insurance?
Yes. We can find excellent rates on critical illness cover and income protection to include within your life insurance policy, giving you protection not just in the event of death but also if serious illness or injury stops you from working. As with all insurance policies, conditions and exclusions will apply — we'll explain these clearly before you commit.