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Mortgage Protection Term Cover

Why choose John Lewis 
Life Cover?

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 decreases over the cover period.


The money can be used to pay off your mortgage.


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'.

What is Mortgage Protection 
Term Cover?

Mortgage Protection Term Cover pays out a cash sum that can be used to pay off your repayment mortgage if you die or suffer a terminal illness during the term of the plan. The level of cover reduces each month in line with the capital outstanding on a repayment mortgage with an interest rate of 10% per year. Premiums will stay the same throughout the cover period.

By taking out John Lewis Life Cover, you can help to ease your family's financial worries should you die or be diagnosed with a terminal illness (where death is expected within 12 months) during the cover period.

If you have an interest only mortgage or you want to be able to cover additional outgoings, you may like to consider our Level Term Cover.

Other cover options are available. To find out more please call us on 0800 916 6840 or read the Key Facts (PDF).

A John Lewis Life Cover Plan doesn't have a cash-in value and requires you to make monthly payments. The cost of your cover will depend on your individual needs and circumstances and cover period and amount and any options you choose.

It's important to remember that the buying power of any money paid out will reduce with inflation, so you need to make sure that you take out sufficient life cover and regularly review your arrangements with us.

* 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. You may have to pay for this advice.

Any questions?
Please call us on
0800 916 6840*

We have carefully selected Friends Life and Pensions Limited to 
provide John Lewis Life Cover.

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.