Life Insurance FAQs

Ensuring your loved ones are safeguarded and having peace of mind in the face of life’s uncertainties is important. Co-op Insurance understands this, so we’ve worked with Legal & General to bring you flexible and affordable life insurance. This allows you to embrace life with a sense of security, knowing you have been proactive in taking steps to prepare for whatever lies ahead.

 

Why do we need life insurance? 

Whether you are embarking on significant life milestones like weddings, home relocations or starting a family, or just thinking about the future, financial concerns tend to shadow these moments. Worries about protecting your family if something happens to you can arise. Getting life insurance is a great place to start tackling these concerns.

 

What does Life Insurance from Co-op Cover?

Setting up Life Insurance through Co-op is quick, taking as little as 20 minutes after obtaining a quote on the website. Life Insurance from Co-op provides the flexibility to choose your plan and for added assurance, you can place your policy into a trust, separating it from your estate. Standard features include terminal illness cover (if life expectancy is less than 12 months), and you have the option to include critical illness cover at an additional cost, plus it offers access to Legal & General’s exclusive well-being support.

 

What is the cost?

Co-op Life Insurance offers flexible and affordable cover.  Plus, if you face financial challenges during the lifetime of the policy you may be eligible for a payment holiday, providing temporary reassurance while maintaining your cover. (T&Cs apply)

 

What else should I be aware of? 

Life Insurance through Co-op is available to you if you’re aged between 18 and 77. For more information visit our website.