Life insurance and COVID-19: Read our guide

Make 2021 the year you sort out life insurance

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Anorak is authorised and regulated by the Financial Conduct Authority
We’re an independent online broker for life insurance, income protection and critical illness cover

Let’s start with the basics

What is life insurance?
An insurance policy that pays out a tax-free lump sum to your partner or family if you die. Having life insurance gives you peace of mind that they’d be financially secure without you.
Do I need it?
If you have other people who rely on you financially – technically known as ‘financial dependents’ – then yes, you should consider getting life insurance in place.
How much does it cost?
It’s often very affordable, but the cost differs per person as it depends on the cover you buy and how much of a risk you are to insure. It’s cheapest when you’re young, fit and healthy.
Are there different types?
Yes – and we help you choose which one’s right for you based on what you want to cover. ‘Term life’ is a common type of cover, which can either be ‘level’ or ‘decreasing’.
Does it always pay out?
Yes, if you die while you’re insured and you’ve been honest about your health when you apply. It won’t if you die later or cancel your policy, and might not if you meet an exclusion.
Is it easy to claim?
Claiming is straightforward – your partner or family will simply claim with your insurance company. Making sure they know about your policy and have the details is helpful.
what is it for

Life insurance pays out a lump sum – but what’s it for?

Mortgage
A mortgage is the biggest debt you take on in your life. Life insurance makes sure your family could pay it off and keep your home if you died.
Rent
Rent is often your biggest monthly outgoing. Life insurance makes sure your dependents could keep paying the rent without you and your income.
Bills and living costs
If your family would struggle to pay the bills without your income, life insurance is a way of making sure the essential expenses would always be covered.
Family lifestyle
For extra peace of mind, life insurance can also cover more than essentials – like hobbies, holidays and education – so your family's lifestyle wouldn't need to change.
Funeral costs
If you died, your funeral would be the first unexpected expense your loved ones face. Life insurance makes sure they’d have the money they need to pay for it.
Any other debts
If you have any other joint loans that someone else could be left liable for, you can cover them with life insurance. That way they can be paid off in full if you die.

Who needs life insurance?

Anyone with dependents – but everyone’s needs are different.
Couples
Couples
As partners, you’re likely to have shared financial commitments. Life insurance means your other half could clear shared debt and have a financial safety net.
Learn more
Parents
Parents
Bringing up children is expensive. Could your family cope without your income? Life insurance is a way of making sure they could if something happens to you.
Learn more
Single parents
Single parents
If you weren’t here, you’d want to know your children would be provided for until they can look after themselves. Life insurance is a way of doing just that.
Learn more
Homeowners
Homeowners
A mortgage is the biggest debt you’ll ever take on. Having sufficient life cover means it can be paid off if you die – and your home is left to your loved ones.
Learn more
Renters
Renters
Rent is usually your biggest monthly outgoing. If you have a partner or children, you’d want to make sure they could cover this without your income.
Learn more
Self-employed
Self-employed
If you’re self-employed, you won’t have protection through work – so it’s important to put your own plan in place to support your loved ones financially if you die.
Learn more
As partners, you’re likely to have shared financial commitments. Life insurance means your other half could clear shared debt and have a financial safety net.
Learn more
Bringing up children is expensive. Could your family cope without your income? Life insurance is a way of making sure they could if something happens to you.
Learn more
If you weren’t here, you’d want to know your children would be provided for until they can look after themselves. Life insurance is a way of doing just that.
Learn more
A mortgage is the biggest debt you’ll ever take on. Having sufficient life cover means it can be paid off if you die – and your home is left to your loved ones.
Learn more
Rent is usually your biggest monthly outgoing. If you have a partner or children, you’d want to make sure they could cover this without your income.
Learn more
If you’re self-employed, you won’t have protection through work – so it’s important to put your own plan in place to support your loved ones financially if you die.
Learn more

Got it – but how much cover do I need?

We work it out for you

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Our quick assessment tells us all we need to know to recommend the right amount of cover based on your unique needs. We work with you to make sure you choose a sufficient level of cover – without paying more in premiums than you need to.
Get your cover calculation

What you get with Anorak

Independent advice
We’re unbiased experts – we work for you, not the insurer
Whole-market quotes
We scan all the major insurers to find the most suitable policies for you
Right cover for you
We help you get the right cover in place – no more, no less
Anorak is an independent online broker for life insurance, income protection and critical illness cover. Learn more about us.

Steps to buying life insurance with us

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Have your cover needs calculated – properly
Get instant, online advice about your needs. Go with our recommendation or use it as a starting point.
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Get your quotes and choose an insurer
We’ll scan the whole market to find the most suitable policies for you and help you choose which to go with.
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Apply whenever you’re ready
Apply online, then our advisers will call you to double-check the details before passing it to the insurer.
Get instant, online advice about your needs. Go with our recommendation or use it as a starting point.
We’ll scan the whole market to find the most suitable policies for you and help you choose which to go with.
Apply online, then our advisers will call you to double-check the details before passing it to the insurer.

Ready to take the first step?

We’ll save your progress so you can come back any time
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Help from an adviser – whenever you need it

Our team of advisers is here to help you get the right cover in place.

020 3514 6702 • Mon-Fri 9.30am-6pm

We help people get life insurance right. That’s why they rate us.

Fantastic service
Very friendly, informative service. Gave me all the information I needed to make a comfortable decision on life insurance. We dealt with Jonathan C and he was fantastic.Johanna
Happy customer
Anorak made me feel at ease and guided me the whole way through my application and type of cover that was best for me and my family. Mich
Very helpful service
Very helpful service. I didn't feel stupid for asking questions and I didn't feel as harassed as I did from other companies! Tom was great.Jules
Great customer care
Great customer care!!! I highly recommend the service. They assess your personal situation quickly and offer the best products available on the market. No need to look anywhere else.Freddy
Fantastic service
Very friendly, informative service. Gave me all the information I needed to make a comfortable decision on life insurance. We dealt with Jonathan C and he was fantastic.Johanna
Happy customer
Anorak made me feel at ease and guided me the whole way through my application and type of cover that was best for me and my family. Mich
Very helpful service
Very helpful service. I didn't feel stupid for asking questions and I didn't feel as harassed as I did from other companies! Tom was great.Jules
Great customer care
Great customer care!!! I highly recommend the service. They assess your personal situation quickly and offer the best products available on the market. No need to look anywhere else.Freddy

Want to learn more about life insurance?

Make a tea. Read our expert guides.

Let’s get your life insurance sorted (properly).

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