Life Cover

Life cover for you

If you have a family, you know how important it is not just to look after them today, but to ensure they have a financial plan in place should the worst happen. That’s what life cover is all about, helping you plan for tomorrow.
Sadly, if you have a chronic or serious health condition or multiple health conditions it can be difficult, if not impossible, to find quality affordable protection.
That's where we come in.
At The Exeter, we're committed to making protection accessible to all, so we've built two Life Cover products with a difference - they're specifically targeted at people with chronic or serious health conditions.
Watch the video and read on to find out more.
Magnify Note – Life Cover is only available to buy through a financial adviser. You can find one at https://www.unbiased.co.uk/life-insurance

We deliver specialist, valuable cover to those who often find it hard to get the right cover, or any cover at all.

For people who suffer from type 2 diabetics or have a high BMI, we offer potential premium discounts when simple health goals are achieved.

If you have multiple or severe health conditions, or have previously been declined, we offer cover where others often won’t.

Overview


Life cover for you

We offer two Life Cover plans, each with a distinct target market, both of which reflect the realities of life today - that good health can be hard to maintain.

Managed Life

Is responsive cover for people with type 2 diabetes or a high BMI. Managed Life will reward those people that make positive changes to their health through reduced premiums.

Real Life

Is designed for people who may find it difficult to get cover as a result of serious or multiple health conditions.

Managed Life

Managed Life

Managed Life is a life insurance policy that pays a lump sum benefit when the life covered dies or is diagnosed with a terminal illness – where life expectancy is less than 12 months.

Product features

  • Who can buy Managed Life?
    Managed Life is available to customers resident in the UK for the last three years, aged 18 to 80 inclusive.
  • How long does the cover last?
    The term of the policy can be any number of years between 5 and 50, although the policy must end before the insured reaches their 90th birthday.
  • What are the limits on cover?
    The minimum amount of benefit is £20,000 and the maximum is £3,000,000.
  • What types of cover are available?
    There are two types of benefit available – level or decreasing.
    With a level benefit, the chosen benefit will remain the same through the term of the policy.
    With a decreasing benefit, the chosen benefit will reduce each month in the same way as the outstanding amount on a repayment mortgage with an interest rate of 8% per year.
  • How much does it cost?
    The minimum monthly premium is £15.
  • What else is included on Managed Life?
    Managed Life includes Terminal Illness benefits as standard.
    Managed Life also includes two temporary benefits at no extra cost, available before cover starts:
    • Accidental Death Benefit
    • Mortgage Free Cover Benefit
  • Discount for linked policies
    Managed Life isn’t available as a joint policy; however we will apply a discount to two linked policies, reducing both premiums and the quote and application process.

For more information, see our Key Facts and Policy Document.


Real Life

Real Life is a life insurance policy that pays a lump sum benefit when the life covered dies or is diagnosed with a terminal illness – where life expectancy is less than 12 months.

Product features

  • Who can buy Real Life?
    Real Life is available to customers resident in the UK for the last three years, aged 18 to 80 inclusive.
  • How long does the cover last?
    The term of the policy can be any number of years between 5 and 50, although the policy must end before the insured reaches their 90th birthday.
  • What are the limits on cover?
    The minimum amount of benefit is £20,000 and the maximum is £3,000,000.
  • What types of cover are available?
    There are two types of benefit available – level or decreasing.
    With a level benefit, the chosen benefit will remain the same through the term of the policy.
    With a decreasing benefit, the chosen benefit will reduce each month in the same way as the outstanding amount on a repayment mortgage with an interest rate of 8% per year.
  • How much does it cost?
    The minimum monthly premium is £15.
  • What else is included on Real Life?
    Real Life includes Terminal Illness benefits as standard.
  • Accidental Death Benefit
    Real Life includes Accidental Death Benefit at no extra cost. This benefit is available before cover starts.
  • Single policy
    Real Life is available on a single policy basis only.

For more information, see our Key Facts and Policy Document.


Member Benefits


HealthWise - the smart way to take care of yourself

As a member of The Exeter, you and your family have access to HealthWise, our member benefits service.

HealthWise is designed to help keep you healthy and happy every day. It offers quick and convenient medical advice and treatments that can be accessed from anywhere in the world through our HealthWise app on your smartphone or tablet.

What’s more, HealthWise can be used without the need to claim on your policy, using HealthWise will never affect your premiums or any No Claims Discount.

Member Benefits

To find out more information on HealthWise, visit our Member Benefits page.