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Life Insurance with Critical Illness

What is an insured life?


An 'insured life' when considering a life Insurance policy is the person that the policy will pay out on when they die. It can also be called the 'life assured'.

Usually this will be important when considering taking a life insurance policy out on another person because the policy owner may not be the insured life and wouldn't pay out if the owner died.

Our Life Insurance policy can only be written on a single or joint life and not on another person. This means the insured life will always be the people taking out the policy.

If you are considering taking a policy on somebody else, there are rules about doing this.

Our life insurance application is quick and easy

Understand life cover

We've created lots of useful information to guide you through the process of finding which life insurance product is right for you.

Find out more about life cover

Why choose LV=

An insurance provider you can trust established in 1843.

  • 97% of claims paid in 2016
  • UK's largest friendly society

Policy documents

  • Policy summary
  • Policy conditions

View policy documents


From what's covered, ways to get set up or even how to claim, our library of FAQs can help.

View our Life Insurance FAQs