Please read the Key Facts (PDF) and Policy Conditions (PDF) for
full details of the plan.
- Know how much you’re paying each month - your payments are guaranteed to stay the same as you get older, unless you increase or extend your cover.
- Waive your premiums - for an additional amount you can have your premiums waived if you can’t work due to illness or injury for over six months. This
will continue until you return to work or the cover ends. - Cover to suit your needs - you choose how long you’d like cover for and the amount your family or partner would need.
- Financial security for your loved ones - they can receive a cash sum if you die during the cover period.
- The cash sum that would be paid out stays the same over the cover period.
- The money can be used to cover your family’s expenses such as your mortgage, childcare fees and everyday living costs.
- Early payment - receive payment if you’re diagnosed with a terminal illness, when there is at least 18 months left of cover remaining and death is expected within 12 months.
What is Level Life Cover?
Level Life Cover (also known as Level Term Assurance or Level Term Insurance) pays out a cash sum if you die that remains the same throughout the cover period.
This could be used to compensate for the sudden loss of income and help with:
- meeting mortgage repayments
- paying bills
- paying childcare costs
- paying for other everyday living expenses.
By taking out John Lewis Life Cover, you could help ease your family's financial worries should you die or be diagnosed with a terminal illness.
If you only want to cover the cost of paying off a repayment mortgage, you may like to consider our Decreasing Life Cover instead.
How much Life Cover will I need?
Our Life Cover calculator can help you decide how much Life Cover you need. If you're unsure, please speak to a professional financial adviser.
It's important to remember that the buying power of any money paid to you will reduce with inflation, so you need to make sure that you take out sufficient life cover and regularly review your arrangements with us.
How much will Level Life Cover cost?
Protecting your family financially could start from as little as £5 per month, although it will depend on your individual needs and the amount you choose to cover. A John Lewis Life Cover plan doesn't have a cash-in value and requires you to make monthly payments.
Get a Level Life Cover quote online or call us on 0800 916 6840 for a personal quotation to see just how affordable life cover could be.
Please be aware that although we can talk through the different options with you, we can't give you financial advice. A professional financial adviser can help you decide whether a life cover plan is suitable for you.
John Lewis Life Cover is provided by Friends Life Limited - please read Important information (PDF). Once your policy begins you may receive documents and correspondence from Friends Life. These will always be relevant to your application or policy and will never be unsolicited.
Any questions?
Please call us on 0800 916 6840
Monday to Friday 8am-8pm.
Or alternatively, arrange a time for us to call you.
