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Life Insurance - Protect your loved ones with the right cover
Over 50s Life Cover - Guaranteed lifelong protection
No Medical Exam Cover
Critical Illness Insurance

Tesco Bank Life Insurance

Tesco Bank offers a range of life covers through its partnership with Friends Life to ensure the financial security of your loved ones:

Level Cover Life Insurance - with this type of cover your beneficiaries will receive a benefit in case of your death during the term of the policy. The amount of coverage remains the same, in other words level, during the term of the policy. Your premiums are fixed and are guaranteed not to increase.

Decreasing Cover Life Insurance - also known as Mortgage Life Insurance because it is designed to cover your mortgage should you die during the term of the policy. Since the balance of your mortgage decreases over time, the amount of coverage is reduced as well. Your premiums are fixed during the term of the plan.

Critical Illness Cover - This cover can be added to supplement your Level or Decreasing Cover Life insurance and will payout if you are diagnosed with a Critical Illness which is predetermined in your policy. Your premiums are fixed for the first 5 years after which time they will be reassessed annually and may go up or down.

Over 50s Cover - coverage for UK residents ages 50 to 80. This plan features:

  • guaranteed acceptance with no medical exam
  • premiums as low as £7 a month to £50 depending on the amount coverage you choose
  • fixed premiums that are guaranteed not to increase
  • guaranteed fixed benefit if you die after 2 years from the start of the policy
  • all your premiums are paid back plus half as much if you die within two years of the policy
  • accidental death insurance for the first two years of the policy
  • no cash value, the cover stops if the premiums are not paid

To receive free, no obligation quote or more information on any of our products please complete a short enquiry form and we will be happy to assist you.