Life cover

Compare the differences between Life and Over 50 life insurance.

The offer 

If you are a new Life or Over 50 Insurance customer through Co-op, you will get a welcome gift. 

Your policy needs to run for at least 6 months, and your payments must be up to date. 

This offer is for new customers only. 

You cannot get this offer if you already have a life insurance policy of the same type, or if you cancelled one in the last 18 months.

What you’ll get 

• £100 welcome gift for all new customers, or 
• £140 welcome gift for matched Co-op Members who buy between 1 October and 30 November 2025; this replaces the £100 gift  

Your welcome gift options 

If you buy over 50 life insurance through Co-op, you can pick one of these: 

• Amazon.co.uk Gift Card (restrictions apply, see amazon.co.uk/gc-legal)
• Argos eGift Card 
• Cheque 

If you buy term life insurance through Co-op, you can pick one of these: 

• Amazon.co.uk Gift Card (restrictions apply, see amazon.co.uk/gc-legal)
• Love2shop eGift Card 
• Cheque 

Promoter

The promoter is Co-op Insurance, a trading name of Co-op Insurance services Limited; registered in England and Wales with registration number 4390. Registered office: 1 Angel Square, Manchester, M60 0AG. Co-op Insurance Services Limited is authorised and regulated by the Financial Conduct Authority under register number 779364 

This promotion is provided and managed on the Promoter’s behalf by The Marketing Lounge Partnership Limited ('MLP'), (Company number 06467245) of The Cow Shed, Walnut Tree Farm, Lower Stretton, Cheshire, United Kingdom, WA4 4PG 

Member data matching criteria

To establish you as a Co-op Member, the information on the purchase date of your new life insurance policy direct with Co-op, must match the information on your Co-op membership account. It is your responsibility to ensure that these records match and are up to date. We accept no responsibility or liability for the non-application of the offer where inaccurate or incorrect information is provided. The matching process uses the following data:  

• your date of birth, and
• your surname and
• your first initial of your first name 

You can become a Co-op Member before or on the same day that you buy your new policy.  A £1 membership joining fee and Membership terms and conditions apply

Notification and application of the offer

• There is no requirement to enter a promotional code when purchasing a life insurance policy. 
• Only one welcome gift per eligible policy bought, which will be subject to their own terms and conditions. You will be given access to their website with all the relevant details once you become eligible and are offered the option to choose your gift. 
• Eligible policies bought in conjunction with other Co-op Insurance member discounts or exclusive offers will still be eligible for this Offer. 

How to redeem

• If you're eligible, you'll receive a 'How to claim' email within 15 days after your policy has been active for 6 months. It will include details about the offer, how to choose and claim it, and the terms and conditions. We will send it by email or letter, depending on the information you provided when you took out your policy. 
• You will have 30 days from the date you receive the message to choose which offer you would like. If you haven’t made your choice within the first 15 days, we will send a reminder message by email or letter to let you know you have 15 days left. 
• If you are eligible for the welcome gift, the message will direct you to a website run by MLP, where you can choose your offer. 
• After you’ve made your choice, if you choose a gift card, you will see a page with your digital gift card and details on how to use it, including expiry information. If you choose the cheque option, it will be sent to you by post. You should allow up to 15 days for delivery of the cheque from the date of submitting your full name and postal address. 

Additional terms

• The Offer has no cash value and cannot be exchanged for cash, or an alternative choice. 
• You must notify us if there are any issues with receiving your offer within 12 months of your policy start date. Where you fail to contact us within this time, we may in our absolute discretion refuse to fulfil the offer without liability to you. Over 50 insurance welcome gift contact details and life insurance welcome gift contact details.
• The terms and conditions of this Offer do not alter or vary the terms and conditions of any eligible policy bought. 
• Any applications for an eligible policy are subject to normal terms and conditions including underwriting criteria. 
• Fraud and abuse relating to the Offer may result in the forfeiture of the welcome gift and termination of your insurance policy. 
• The sourcing and delivery of the offer will be fulfilled by The Marketing Lounge Partnership Limited (MLP) of The Cow Shed, Walnut Tree Farm, Lower Stretton, Cheshire WA4 4PG on behalf of Co-op Insurance. MLP are, as defined in the General Data Protection Regulation ((EU) 2016/679), the Data Processor and Co-op Insurance will be required to pass some of your personal information to The Marketing Lounge Partnership to fulfil the Offer. By accepting the Offer, you agree to give consent for this information to be shared. 

Exclusions

• This Offer is for new Life or Over 50 Insurance customers bought through Co-op only. 
• Policies bought via price comparison websites or cashback sites are not eligible for this offer. 
• Temporary Co-op Membership cardholders are excluded from the £140 offer 
• If your policy is cancelled within 6 months of the policy start date, for any reason, you will not be eligible to receive the Offer. 
• The underwriter reserves the right to decline any application for any insurance policy at its absolute discretion and is not obliged to disclose any reason for rejection. 

Cancellation or withdrawal

Co-op Insurance reserves the right to withdraw, modify or terminate this Offer, without notice, in whole or in part in the event that it is necessary to do so, or if the uptake of the Offer exceeds expectations. 

Changes to these terms and conditions

• We reserve the right to amend these terms and conditions at any time. Revised terms and conditions will be available at coop.co.uk/life-140. It is your responsibility to keep up to date with any such changes. 
• If any paragraph in these terms and conditions is found by any court or administrative body of competent jurisdiction to be invalid or unenforceable, such invalidity or unenforceability shall not affect the other paragraphs of these terms and conditions, which shall remain in full force and effect. 

Relevant law

• These terms and conditions shall be governed by and construed in accordance with the laws of England and Wales. 
• The Courts of England and Wales shall have exclusive jurisdiction in connection with these terms and conditions.