Life insurance for mums
- Protect your family for less than £6 a month*
- Your premiums will never increase
- Awarded ‘Best Life Insurance Provider’ by YourMoney.com 2023
What is life insurance for mums?
Your family is unique. As a mum, you could be a single parent, the main family breadwinner, a stay at home mum or any combination of the above. You may also be an expectant mother. Whatever your situation, it’s important to think about life insurance. Life insurance is a policy that protects the financial security of your family and dependents by leaving them a lump sum when you die.
If your family is depending on you to keep a roof over their heads or to maintain their quality of life, you will want to protect them should the worst happen. When you have children and/or a mortgage it’s the right time to think about life insurance for mums. You can also apply for life insurance for mums when you’re pregnant too.
How does life insurance for mums work?
Whether you’re a single mum, a young mum or a working mum, you’ll can tailor a life insurance policy that works for you with Beagle Street. We can tailor your policy around your needs and those of your family.
Life insurance for single mums or for young mums for example, pays out a lump sum when you die to keep your family financially secure. You can select the cover amount and the length of the policy based on your personal situation and what you’re looking to protect. You might want to cover just your mortgage to make sure your family keep your home when you die or you might want to leave a cash lump sum for your kids.
The right approach depends on you, and we’re here to help you find the cover that works best for your situation and your family.
How much does life insurance for mums cost?
The cost of your insurance premiums depends on a range of factors. This includes the length and type of policy you need. Your personal circumstances also play a part, including your age, health and lifestyle. When you apply for life insurance for mums with us, it’s crucial to be honest about your personal circumstances and tell us about any pre-existing medical conditions.
Length of cover – This depends on what you want to protect. For example, you may want to take out a policy that runs for the length of your mortgage or one that pays out a lump sum until your children are old enough to fend for themselves.
Type of policy – Level terms where the payout remains the same for the length of the policy tend to be more expensive. Whereas decreasing policies where the amount of cover decreases over the course of the policy are usually cheaper. The right choice will depend on you.
The amount of cover – Your personal situation as a mum is unique, as will be your reasons for taking out life insurance. You might want to protect your home or ensure your kids can continue living the same life financially without you. At Beagle Street we help you tailor your policy to meet your needs and those of your family.
Your health and lifestyle – Age, health and lifestyle can all affect your premiums as they impact your chances of developing a critical illness that could lead to death. Our premiums are based on the likelihood of this happening, which means we take into account whether you smoke (including vaping) and drink. Any pre-existing illnesses will also be considered.
The benefits of life insurance for mums
Of course you’ll have your own reasons for taking out life insurance. Often it is to protect the family left behind after your death to:
- Protect your home – Life insurance for mums can help to pay off your mortgage or cover your rent so your kids can keep your home.
- Cover funeral costs – These unexpected costs can be financially difficult for many families. The right life insurance means they are covered.
- Pay off debts – As a single mum for example, you don’t want to leave your kids struggling to pay your debts.
- Cover bills and essentials – Life insurance means that your family won’t struggle to keep up with bills and essentials without your income.
Get a quote today or speak to the team
At Beagle Street we’re here to support you through the application process. If you’re ever unsure about any of the questions in the application, we have a team of experts on hand to help.
or call us
0800 048 0480
Included with every Beagle Street policy
Estate planning kit
Accidental death benefit
Early funeral payout
Amazon gift card^
Free Beagle soft toy^
*Based on a 30 year old non-smoker, £200k decreasing term cover for 20 years
^Available only when purchasing a policy directly through Beagle Street. Within 60 days of paying the 2nd monthly payment, the soft toy will be dispatched. The gift card value varies depending on monthly premium. Within 30 days of paying the 6th monthly payment, you will receive an email to claim your e-gift. Full Terms and Conditions