Life Insurance Comparison

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At VitalityLife we offer the flexibility to structure your life insurance in the way that suits you best.

Here are the key comparisons to consider:

Do I optimise my plan?

  Life insurance Life insurance with Vitality Optimiser
Minimum monthly eligible premium payable £8

(when taking out VitalityLife Essentials Plan)

 £20

(plus a £3.30 fee)
Upfront premium discount of up to 40%
  • 5% to 25% for qualifying term policies
  • 15% to 40% for qualifying whole of life policies
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Control future premium changes through your Vitality Status – earn further discount of 1% or see your premium increase by up to 2% cross tick
Annual cashback at policy anniversary of up to £100 cross tick
Opportunity to double cashback if you also hold a VitalityHealth policy cross tick
Health partner discounts and rewards such as
  • 50% off a pair of running shoes at Sweatshop
  • Cash back at Lloyds Pharmacy
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Enhanced range of discounts and rewards such as:
  • 50% off gym membership at Virgin Active (a joining fee will apply)1
  • A weekly cinema ticket for Cineworld or Vue2
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1The gym discount applies to flexible individual monthly memberships. Gym joining fees are up to £50 for all clubs other than Classic Collection clubs, where joining fees are up to £150. The gym offer does not apply to Chiswick Riverside Virgin Active club.

2The cinema offer applies at Vue and Cineworld with a maximum of one ticket per week per person covered on the plan. The cinema offer excludes 3D films.

How can my cover change in the future?

There are three different ways your cover can change in the future and you can select the way that is right for you.

  • Level Life Cover - your cover amount stays the same over the life of your plan. It will only change if something happens such as you make a claim or change a cover
  • Indexed Life Cover - your cover amount is designed to keep up with inflation. This protects against the rises in costs of living, making sure you always have the cover you need now and in the future. Your cover amount will rise each year at your plan anniversary, in line with the Retail Prices Index (RPI). Your premium will increase each year at your plan anniversary by more than the change in RPI to reflect your increasing age
  • Decreasing Life Cover - your cover will decrease over the life of your plan. This is designed specifically for you if you’re looking to cover the reducing amount you owe on a mortgage. The amount you're covered for goes down each year, but the premium stays the same

Alternatively, look at our Mortgage Plus Plan which is a protection solution specifically designed for our customers looking to protect their mortgage

  Level Indexed Decreasing
Will my cover level stay the same? tick cross
It will increase in line with inflation		 cross
It will decrease with your mortgage
Is it available with Whole of Life Cover? tick tick cross
Can Serious Illness Cover be added to my policy? tick tick tick
Only if it has the same fixed term
Can Optional Serious Illness Cover for Children be added to my policy? tick tick tick

How can I tailor my policy?

Tailor your cover with additional covers and options that can be added and removed at any time. We offer a range of additional covers and options that can be added to any of our core covers, not just life insurance.

LifestyleCare Cover Our LifestyleCare Cover is an option you can add to our Whole of Life Cover. It can give you access to your benefit while you’re alive. LifestyleCare Cover pays out if you’re unable to look after yourself due to any illness or disease. You decide how much of your Whole of Life Cover you want to make available.
Family Income Cover If something happens to you, this gives your family a regular monthly income. It can help them to cover their living costs.
Optional Serious Illness Cover for Children If your child suffers from one of the serious illnesses we cover, this gives you a cash lump sum of up to £100,000. The amount we pay is based on the severity of your child’s condition.
Education Cover If something happens to you, this gives your family payments each academic term. It means your children won’t miss out on any part of school life.
Disability Cover This protects you from the financial impact of a disability. We can cover anything from temporary disability to severe disabilities that last for the rest of your life.
Protected Life Cover If you get ill and need to claim, it can affect the value of your Life Cover. But our Protected Life Cover makes sure that the value of your life cover stays the same, even if you claim on your Serious Illness Cover.
Guaranteed Insurability Option This guarantees that you can increase your cover if your life changes in specific ways – for instance, if you have a child or become a homeowner – without giving more information about your health.

©  Vitality Corporate Services Limited trading as VitalityHealth and VitalityLife. All rights reserved.