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Know how much you're paying each month - depending on the type of cover or options you choose, your premiums are guaranteed to stay the same as you get older, unless you increase or extend your cover. |
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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 three months. This will continue until you return to work, your 65th birthday or your cover ends. |
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Cover to suit your needs - you choose how long you’d like cover for and the amount your family or partner would need. |
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Financial security for your loved ones - they can receive a cash sum if you die during the cover period. |
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The cash sum that would be paid is fixed at the start of your cover. |
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The cash sum can be used to cover your family’s expenses such as your mortgage, childcare fees and everyday living costs. |
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Early payment - receive payment if you’re diagnosed with a terminal illness before the cover ends, where death is expected within 12 months. |
John Lewis Life Cover is provided by Friends Life and Pensions Limited.
Please read the Key Facts (PDF) and Membership Handbook (PDF) for full details of the cover. The Membership Handbook is also commonly known as 'policy conditions' or 'terms and conditions'.
Level Term Cover (also commonly known as level term assurance or level term insurance) pays out a cash sum if you die or suffer a terminal illness, the amount of which stays the same throughout the cover period.
This could be used to compensate for the sudden loss of income and help with:
- paying off a mortgage
- 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 Mortgage Protection Term Cover instead.
Other cover options are available. To find out more please call us on 0800 916 6840 or read the Key Facts (PDF).
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.
Protecting your family financially could start from as little as £8 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.
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.
Terms, conditions, limitations, exclusions and eligibility criteria apply.
John Lewis Life Cover is provided by Friends Life and Pensions 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.