Barclays Life Insurance from Aviva
- Provides a lump sum on death or diagnosis of terminal illness
- Premiums stay the same throughout the policy term and start from £6
- Apply online
- Provided by our insurance partner Aviva
Barclays Life Insurance from Aviva gives you and your family reassurance that you're covered if the unexpected happens.
The policy provides a cash lump sum if you die during the term or if you're diagnosed with a terminal illness before the last 12 months of the policy and you're not expected to live more than 12 months.
- Premiums start at £6 and stay the same throughout the policy term
- Cover is available up to £500,000 depending on monthly premiums and your personal circumstances
- Choose from 3 types of cover – level cover, decreasing cover for a mortgage or decreasing cover for family income
- Choose from single or joint cover.
- Get a quick quote online in under 2 minutes
- Get £30 cashback if you purchase your life insurance policy between 11 May and 14 June 2013 4
This product is only available to UK residents aged 18-68, and your cover must end before your 70th birthday.
Further terms, conditions and exclusions apply – make sure you read our insurance guide 1.54 MB 3 so you know what's covered and what's not.
Choose your cover in 3 steps
Step 1 – Select the type of cover you want
- Level term life insurance – this cover remains the same throughout the term of the policy
- Decreasing term life insurance – your coverage decreases each month, usually to cover a repayment mortgage or similar obligation
- Family decreasing term life insurance – provides a lump sum to compensate for the loss of your income
Step 2 – Choose the term that’s right for you
From 1 to 51 years to match your needs and depending on your circumstances.
Step 3 – Pick the amount of coverage you need
You can choose the monthly payment you can afford to pay or you can choose the amount of cover you would like.
Key exclusions
This product is only available to UK residents aged 18-68. Cover must end before your 70th birthday.
When the plan will not pay out
- If a terminal illness claim has been accepted and paid, you can't make a further claim for life insurance
- We won’t pay out the terminal illness benefit if you are diagnosed with a terminal illness within the last 12 months of the plan
What if I stop paying?
- If you cancel your plan or stop paying your premiums during the term, your cover will end after 30 days from the date the last premium was due and you will not be covered. The plan has no cash in value.
Is the policy flexible?
- This plan does have some limited flexibility which is called a 'life change benefit'. Please refer to the guide to insurance for further details and T&Cs.
Further terms, conditions and exclusions apply – make sure you read our insurance guide 1.54 MB 3 so you know what's covered and what's not.
Level term cover
- Provides a fixed lump sum, which stays the same throughout the term
- The lump sum is ideal for covering things like living expenses, mortgage payments, bills or childcare
- The policy will only pay out once within the agreed term. If it pays out because of a terminal illness claim, the cover will end. Terms and conditions apply
This button will take you to an external quote page provided by Aviva 1
Decreasing term cover
- Designed to provide a lump sum to clear outstanding debt that decreases each month. The lump sum payment reduces each month in line with what you owe
- This type of policy is usually used to cover mortgages or other loans where the amount owed decreases month on month
- It’s cheaper than level cover, because the lump sum payable reduces over time
- The sum payable on death is designed to broadly cover the amount of your outstanding loan
This button will take you to an external quote page provided by Aviva 1
Family decreasing term cover
- Designed to provide your family with a lump sum to compensate for the loss of your income
- The lump sum decreases over the term of the policy in line with your chosen annual income amount
- It’s cheaper than level cover because the lump sum payable reduces over time
- As an example, the lump sum reduces each year until it reaches £0, when the policy ends. For example, if you choose an income of £20,000 for a period of 10 years, you would get £200k if you claim in the first year, £180k in the second year, £160k in the third year, £140k in the fourth year and so on
This button will take you to an external quote page provided by Aviva 1
