Why choose Virgin Money?
- Free simple Will writing service. Terms apply.
- Free 'Loved ones' email service to help those closest to you make a claim (only available when you sign up to use online service). Terms apply.
- Free legal advice for your end-of-life matters. Terms apply.
- Level term, decreasing term and critical illness cover all available.
Expert rated cover
Our product features and benefits have been independently rated by the experts at Defaqto.
Get a Life Insurance quote online now
If you would prefer to speak to someone, please call
0800 294 7575We're here from 8am to 8pm, Monday to Friday, 9am to 5pm on Saturdays.
We appreciate you might be concerned about coronavirus
Supporting our customers and colleagues is our top priority. Our contact centres remain open and we’ve updated our frequently asked questions to answer your coronavirus-related questions about life insurance cover and claims.
We offer two types of Life Insurance
Level Term
As the name suggests, Level Term cover provides a level amount of protection over the term of the policy. If you selected £100,000 of protection at the start of the policy for 25 years, you would be covered for this amount until the policy ended 25 years later.
Decreasing Term
Decreasing Term could provide you with the cover amount you need right now, then gradually decreases as the policy ages. If you select £100,000 of protection at the start of the policy for 25 years, gradually this will reduce down to £0 by the end of the policy 25 years later.
Optional
Additional Critical Illness Cover
You can also choose to add Critical Illness Cover to your Life Insurance. If you choose to add Critical Illness to your policy the sum assured is a fixed amount which won’t decrease over time. We only cover the critical illnesses we define in our policy.
Find out more about Critical Illness Cover
* Based on a 30 year old who has never smoked. £200,000 decreasing term cover is possible for under £6 per month for 20 years. Price as of August 2021.
Get a Life Insurance quote online now
If you would prefer to speak to someone, please call
0800 294 7575We're here from 8am to 8pm, Monday to Friday, 9am to 5pm on Saturdays.
