Barclays life insurance

Barclays Life Insurance

Cover for the people you care about the most

Make sure that your family has financial protection should the worst happen, with Barclays Life Insurance provided by our partner Aviva. Not just covered, Barclaycovered.

  • Provides a lump sum on death
  • Premiums stay the same throughout the policy term and start from £6
  • Apply online
  • Earn £2 a month with Barclays Blue Rewards. Eligibility criteria apply
  • How it works

  • Choose your cover

  • What you need to know

Life cover calculator

How much life cover might I need?

Our calculator gives you an idea of how much life cover you should consider based on the information you supply.

It's only a general guide to help you identify areas and isn't an actual quotation or advice. You should make your own decisions about the terms and level of cover.
You should only include your contribution to the family income, as the calculation is based on 1 person.

For help in contacting an independent financial adviser, you can visit unbiased.co.uk

How it works

First, select the categories that apply to you and complete the relevant information. If you don't feel something applies to you, you don't need to include it. Then select 'Next' to complete the section.

If you leave any section blank, that's fine but it will not be included in the final result.

Once you've provided the relevant information, 3 figures will be displayed. The first is the amount of cover based on your input – it may be needed to provide your contributions to family/day-to-day living. The second is the amount to cover mortgages and debt. The third figure is a total based on the sum of the first two amounts. If at any point you are in doubt about your needs, you should contact an independent financial advisor –
for help finding one, go to unbiased.co.uk.

What do you require cover for?

The estimate for your family/day-to-day living is based on your monthly estimates multiplied by 12 (for an annual figure), multiplied by the number of years you selected. You can change the number of years to get a different estimate if you want. Any existing cover you include will be subtracted from this figure.

Mortgages and debts

If you want to leave a lump sum to help pay off your mortgage, please input the amount outstanding. If you're renting, don't include it in this category as there is a section for it in the Day-to-day living category.

Press 'Next' to submit your totals or 'Back' to start again.

Providing for your family

Simply enter the monthly amounts you expect to pay for future education, childcare and child maintenance costs.

For education, consider the cost of any school or university fees, school material and trips.

For childcare and maintenance costs, dont forget the cost of child minders and nurseries, as well as after school and breakfast clubs.

Press 'Next' to submit your totals or 'Back' to start again.

Day to day living

Just enter the amounts you anticipate spending each month on day-to-day living expenses like clothing, food, bills (including insurance), leisure, activities, holidays and travel costs. It's important to think about all the everyday costs you are responsible for.

Press 'Next' to submit your totals or 'Back' to start again.

Consider any existing cover

If you want to leave a lump sum to help pay off your mortgage, please input the amount outstanding. If you're renting, don't include it in this category as there is a section for it in the Day-to-day living category.

Press 'Next' to submit your totals or 'Back' to start again.

Select the term of cover

If you want to leave a lump sum to help pay off your mortgage, please input the amount outstanding. If you're renting, don't include it in this category as there is a section for it in the Day-to-day living category.

Press 'Next' to submit your totals or 'Back' to start again.

How it works

Remember, this is intended as a guide and isn't meant as advice. It's based on 1 person, so only covers your contribution to the family income and is based on the information you provided.

The maximum amount of cover with a Barclays Life Insurance from Aviva policy is £500,000.

Your calculation results

Based on what you've just told us about the different areas of your life, here's the amount of cover you may wish to consider for the next 20 years:

Providing for your family/day-to-day living

£0

Mortgages & debts

£0

Total

£0

Recalculate if you wish, to amend the number of years or any other details.

Level term cover

Get a quote

  • 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 and the cover will end. Terms and conditions apply