Asda Life Insurance

With a goal of exceeding customer expectations and striving to go the extra mile Asda offers a great service at a great price!

Great value Life Insurance from Asda could make sure your mortgage is paid and your family is looked after. With Level Life and Decreasing Life options you can choose the policy that suits your needs.

• Level life or decreasing life options
• Terminal illness cover
• Cover from just £6.85
• Choose the level of cover you need

About Life Insurance

Life insurance is for those who wish to provide financial cover for their families and to make sure that their property remains within the hands of their partners and/or children. There are two types of life insurance available; term life insurance and investment type life insurance. Term life insurance is called so, because it provides cover for a number of years which you can set yourself, providing cover until a time at which your dependents are in a financially able position. Investment type life insurance is generally more expensive, as it provides a pay out at the end of the term regardless. It is therefore more expensive than term life insurance which is a protection only type of insurance policy.

Term life insurance policies provide peace of mind that should something happen to the insured, his or her dependents will benefit by way of a cash payment. Term life insurance can also be tethered to your mortgage, a policy which ensures the security of your estate and that your partner and/or children are not left without a home.