Royal London began as a friendly society in 1861, later changing to a mutual society in 1908. Today, Royal London is the UK’s largest mutual life, pensions and investment company.
Its life cover has been designed to make it easy to customise and adapt with life’s changes. As a provider, Royal London prides itself on its exceptional service. It has won 5 stars for its protection service for 9 years in a row.
Several brands previously operated under the Royal London brand, such as Bright Grey Scottish Provident. However, Royal London unified them beneath the single Royal London brand in 2014.
By reaching this page you are eligible for 2 months FREE cover when you arrange a new Life Insurance policy.
Simply fill in the form below to apply your 2 months free discount or call us on 02084327333 stating the code VC2MF.
Royal London Life Insurance Coverage
Type of Cover Available
Minimum Entry Age
Maximum Entry Age
Terminal Illness Cover?
Waiver of Premium
Optional Critical Illness Cover
Maximum Entry Age
Enhanced Children’s Cover
For an extra premium, the enhanced option pays:
To help give you an overview of Royal London’s Life Insurance cover we’ve outlined some of its key policy factors below.
Like many competitive providers, Royal London offers a Guaranteed Insurability option. This lets you increase your benefit without further underwriting if you go through significant life events:
To make use of this, you must inform Royal London within 6 months of the event and be under the age of 55. If it’s a joint plan, both individuals must be under 55 at the time an increased benefit is requested. Your original policy must also have been accepted on Royal London’s standard terms.
The maximum increase you can request is the lower of:
Royal London also gives you the option of taking out Life Insurance on an increasing basis. This helps to ensure that inflation doesn’t erode the purchasing power of your benefit over time. If you select this option, you’re able to choose which kind of increasing cover you’d like:
In both cases, your premiums will rise by the percentage increase in your benefit multiplied by 1.2. With increasing Life insurance, your maximum benefit cannot exceed £5 million. When you add Critical Illness Cover to increasing Life Insurance, your benefit cannot exceed £1.2 million.
Royal London will write to you at least a month before your increase is due to take place. You can decline the increase as long as you notify Royal London five days before it takes effect.
If you decline the increase for two years in a row, your cover will change from Increasing to Level. You won’t be offered any further increases for the remainder of your policy term.
Independent Protection Expert
Royal London doesn’t include children’s Critical Illness Cover free with adult cover. However, if you pay extra to add it you get multiple benefits most other insurers don’t include.
For example, few other providers in the market pay out for pregnancy complications. Most also exclude Total Permanent Disability cover for children. Royal London is one of the only insurers that pays out for both.
This option is available to children who are covered by enhanced Children’s Critical Illness Cover on a parent’s policy. They can convert this to an adult Critical Illness policy within six months of the following:
EXPERT TIP 🤓
It’s important to know that your child can only use this option once. They can take out the lower of their full amount of cover under your policy, or £50,000.
Royal London lets you separate joint life plans into two separate policies. This only applies to policies which have been taken out to cover a mortgage. But, it can be used on both Joint Life Insurance and Joint Life and Critical Illness policies.
To use this option, you either have to rearrange your joint mortgage to be in the name of one partner. Or, one partner must take out a new mortgage on a new home.
If your terms state that your cover is renewable, you can choose to extend your policy for a further 5 or 10 years. Your cover will be provided under the same terms it was originally accepted under.
You cannot use this option if you exceed the maximum age at the time you wish to renew your cover.
As well as offering a comprehensive policy, Royal London also offer a range of free additional benefits with its Life Insurance.
Royal London’s extra benefits are offered under their Helping Hand service. This offers a range of support services to help you stay fit and healthy. They can also help to prevent any health issues from worsening. These services include:
You can also access help with certain legal matters, such as probate and inheritance tax. Career coaching is also available. Most importantly, Helping Hand offers free rehabilitation services after a critical illness.
It provides dedicated cardiac and oncology nurses to help you after a heart attack or cancer diagnosis. This might include:
If you’ve suffered a stroke, the team can even put you in touch with speech and language therapists to improve your communication.
The Helping Hand support services are a great additional benefit. Royal London includes them for free as part of their Life Insurance policies.
Accessing such a support service can be invaluable during such difficult times.
Independent Protection Expert at Drewberry
If your Life Insurance claim is tied up in probate, Royal London will advance a portion of it for your funeral. They will pay up to £10,000 of your Life Insurance benefit to a funeral director to cover the expenses.
To help you compare Royal London against other UK providers we’ve highlighted some key points that make it stand out from its competitors.
Most insurers only offer joint life, first death Life Insurance for couples who take out cover together. This pays out on the first partner’s death and then ends, leaving the surviving partner without cover.
Royal London offers Dual-Life Insurance. This covers both of you with two separate policies under a single menu plan. So, if one person dies, the surviving partner keeps their own cover. Also, the policy will pay out twice if you both pass away during the policy term; once for each person.
Royal London includes Total Permanent Disability Cover as standard with Critical Illness Cover. This pays out a claim if you become so disabled that you can’t ever work again. Many insurers only offer this as an optional add-on for an extra premium.
Many providers offer medical services as part of their extra benefits offering. However, few tailor them specifically to critical illnesses.
Helping Hand includes access to specialist cardiac, oncology and stroke nurses. This means you can use free rehabilitation services if you get cancer, or suffer a heart attack or stroke. These represent the most common Critical Illness Insurance claims.
With Critical Illness Insurance, Royal London pays out as soon as you’re on the NHS waiting list for one of the 14 surgeries it covers. You don’t have to wait until you’ve had the procedure to claim.
That means you receive your claim faster, which can be useful if you cannot work while awaiting your operation.
Children’s Critical Illness Cover is an optional add-on for an extra premium. It’s not included free as standard with adult cover.
While this does mean you don’t pay for a service you won’t use if you don’t have children, many other providers offer it free. If you have children or plan to grow your family, this is worth noting.
For example, it includes the following cover:
Most other providers exclude Total Permanent Disability from children’s cover. And few other providers cover your children until turn 23 when in full-time education.
While Children’s Critical Illness isn’t included for free, Royal London offers some of the most comprehensive child cover on the market.
Your Life Insurance premiums can vary based on your age, occupation and health factors.
So you can get a feel for how much your cover might cost, we’ve provided some examples below. The premiums are based on varying ages, and show costs with and without Critical Illness cover.
To calculate these quotes, we’ve assumed that the individual looking for cover wants £250,000 of cover, and:
30 Years Old
40 Years Old
50 Years Old
30 Years Old
40 Years Old
50 Years Old
As you can see, there’s a lot to consider when you’re taking out Life Insurance and Critical Illness Cover.
With so many factors and lots of different terminology, it can be tricky to do an accurate comparison between providers. We’ve put together a comprehensive guide to help you compare different kinds of life insurance.
Or, if you know what you’re looking for, use our handy online quote tool to compare costs and apply online.
If it all gets a bit confusing, or you feel you’d benefit from free, expert advice, you can get in touch with us. Here at Drewberry, we have a team of specialist regulated advisers who are on hand to help you find the best life insurance for you.
We started Drewberry™ because we were tired of being treated like a number.
We all deserve a first class service when it comes to issues as important as protecting our health and our finances. Below are just a few reasons why it makes sense to talk to us.