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Life Insurance

Life Insurance pays a lump sum if you die during the term of the plan.

  • Get insured from £5 a month
  • Quick and easy online application
  • Peace of mind that your loved ones are protected

Speak to a professional adviser

0800 756 8103
TextDirect: 18001 0800 756 8103
Lines open: 9am - 5pm Monday-Friday. Your call may be recorded and/or monitored for training and audit purposes.

Life Insurance

The lifestyle of your loved ones may be seriously compromised if you die. Help protect their future with some financial support if you died.

The lifestyle of your loved ones may be seriously compromised if you die.

Cover features

  • Option of choosing level or decreasing cover (decreasing cover reduces the amount paid over time, level is fixed and won't keep up with inflation).
  • Choose the amount of insurance or monthly amount you wish to spend starting from £5 a month.
  • Choose the length of time you'd like the plan to last. After the insurance starts the premium and length of time is fixed.
  • Life insurance cover of up to £500,000 (£300,000 if you're 56-65, or £200,000 if you're 66 to 69 when you apply).
  • If you're diagnosed with a terminal illness during the plan term you can ask us to pay out your insurance policy early.
  • You can take out additional policies to increase the total amount you are insured for.
  • The amount of insurance available will be personalised to your individual circumstances such as your age and whether you smoke or not.

Important information

  • Level cover provides a fixed sum and doesn't change. It won't keep up with inflation and will buy less in the future.
  • Decreasing cover will reduce each year but your premium will remain the same.
  • You can't claim under a terminal illness in the last 12 months of the plan.
  • After your plan has been issued, you can't change it.
  • If you die, we'll normally pay the lump sum to your estate. Inheritance tax could apply to the part that's worth over £325,000 (tax years 2015/16 to 2017/18).
  • If you stop paying your premiums, your insurance may end.
  • The terminal illness payment is 3% less than the original insured amount and your plan will end after this payment.
  • We won’t pay a claim if you die as a result of intentionally taking your own life within the first 12 months of your policy.
  • If you're not sure if this product is right for you, you can speak to a financial adviser.
  • Once your policy ends, the insurance stops and you get nothing back. There is no cash in value.

How to buy life insurance

All we ask is that you're a UK resident, you're aged 17 to 69 when your plan starts and your premium is at least £5 a month.

  • Read the product information and the policy summary to help you understand the benefits of the product.
  • Decide how much cover you need or amount you can afford every month.
  • Decide the length of time you need the insurance for.

The information given in these pages should not been seen as advice to take out the plan so if you're happy the cover meets your needs you can give us a call on 0800 756 8103.

Get professional advice

0800 756 8103

TextDirect: 18001 0800 032 8875

9am - 5pm Monday to Friday

We may record and / or monitor calls for training and audit purposes.

Policy Documents

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Looking for more general information?

Teachers Pension

Got a question about your final salary pension? Contact Teachers Pensions using your members login or call 0345 6066166 (8.30am – 6pm Monday to Friday).

Existing policyholders

If you're an existing Teachers Assurance customer, you can find contact details for life and home policies here.