The European Court of Justice (ECJ) has ruled gender based pricing of annuity and insurance is incompatible with human rights. Insurance services using of gender bias will be invalid from 21 December 2012. The result of this is unknown but reports suggest that women could see a 20% rise in the cost of life insurance.

Standard Life - Life Insurance Review.

Standard Life's Life Insurance can look after your family’s future should the worst happen and you’re no longer around to do it. You choose the amount of cover up to a maximum of £500,000 (lower maximum if you’re aged 56 or over). You could use it to protect a mortgage, other loans or to help provide financial security for your family.

How life insurance works:

Now’s the time to buy Life Insurance. Life Insurance can look after your family’s future should the worst happen and you’re no longer around to do it. You choose the amount of cover up to a maximum of £500,000 (lower maximum if you’re aged 56 or over). You could use it to protect a mortgage, other loans or to help provide financial security for your family. Sign up and get £60 M&S vouchers (terms and conditions apply).

You also benefit from:

Standard Life offers cover from just £5 a month

A simple application  online allowing you to get a quick quote in a matter of minutes

Choose cover up to £500,000 (£300,000 if you’re aged 56-65 and £200,000 if you’re aged 66-69)

Single or joint cover

A  fixed premium

This plan doesn’t have a cash-in value, so if you don’t die during the selected term you get nothing back. Further information can be found on the key features document for this product. LV= Life insurance is for permanent UK residents aged 17-69 years of age. If you don’t meet these criteria, Standard Life Direct can offer you other plans that might suit you better.


Decreasing cover

This type of cover decreases each month as the amount owed on a typical repayment mortgage reduces but you pay the same amount for your cover each month. However it does not guarantee to repay the mortgage or loan in full.

Level cover

If you’d simply like to provide your family with a fixed lump sum if you die then this type of cover could be the answer. The amount of cover is fixed for the term of the plan. Please note, this means it won’t keep up with inflation.

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standard life life insurance.