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Product

Dividend Term Life

Fixed-term life insurance that pays a tax-free lump sum to your loved ones if you pass away during the policy term.

From

£5/mo

Term

15–40 years

Cover

£25k – £1m

What you get

Guaranteed premiums

The price you agree at the start stays the same for the entire term, regardless of age or health changes.

Tax-free lump sum

Paid directly to your nominated beneficiaries. Most insurers offer a Trust option to help bypass inheritance tax.

Terminal illness benefit

Most policies include this — your full sum assured is paid early if you're diagnosed with terminal illness.

Waiver of premium

An optional add-on with most insurers — if you can't work for 6+ months due to illness, your premiums are paid for you.

How it works

Choose your cover amount (£25k–£1m) and term (15–40 years). We send your details to one of our trusted UK insurance partner agencies, who'll come back with quotes and a short health questionnaire. Most applicants get an instant decision.

Quotes are arranged and underwritten by our UK insurance partner agencies who hold the relevant regulatory permissions. AssuraCover is a free comparison service — we are not an insurer.