If you have a non-fatal accident, Life Insurance will not pay out, it only covers you in the event of your death. Critical Illness cover may provide some protection if, as a result of an accident, you acquire a condition such as permanent blindness or deafness.

You can cancel your Life Insurance policy with Beagle Street at any time, we only ask you let us know and don’t just cancel your direct debit. Other providers might be less relaxed about cancellation, so check with them if you’re thinking of switching.

Life Insurance protects those who rely on you most from the financial impact of your death. If you’re no longer here to help them out, you can at least secure a cash lump sum that could help them to maintain their current quality of life. People typically choose to buy Life Insurance alongside big commitments such as buying a house with a mortgage, having a child, or getting married.

To get a quote from Beagle Street in as little as sixty seconds, you can use our quick quote tool, to get a quote by answering just six simple questions. If you’d prefer some help over the phone you can request a callback from our friendly UK-based team. You can get in touch by phone on on 0800 247 247 or try our Live Chat tool for an instant response. Our Contact Centre is available:
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In return for monthly premiums, a Life Insurance provider will pay out a cash lump sum upon your death. Both the amount of that lump sum and the premiums are decided upfront, as well as the duration of the cover.

Life Insurance is not a savings or investment product. You are simply paying a monthly insurance premium to payout a lump sum in the event of your death. If you do not die before the end of the policy, there is no payout or money back.

Some Life Insurance providers will require the details of a medical exam from your GP as part of their application process. Others will just ask some questions to get a picture of your personal and family medical history.

Beagle Street provides Life Insurance with no medical required, although we will ask health and lifestyle questions about any existing medical conditions and if you have a family history of some specific illnesses. If you have an existing condition or illness it doesn’t mean you’ll automatically be refused a policy with Beagle Street.

Once your Life Insurance policy is set up, your premiums and cover remain fixed, so it can’t be amended. While you can’t alter the fine details of your existing cover, you could cancel one policy and set up another one. However, the premiums you’ve already paid won’t be refunded. Alternatively, you could purchase a second policy to top up your total cover.

When you set up Term Life Insurance, you decide how long it runs for. If that term runs out and you’re still alive, the policy simply ends, and you’re free to set up a new one. If you’ve outlived your policy, you won’t receive money back or a payout when it ends. Note that a new policy will be re-assessed from scratch based on your current medical status.

Life Insurance is approved on a case-by-case basis. If you have a pre-existing condition, talk to an insurer direct and see if they’re able to offer you a policy. If not, there could be other specialist insurers who focus on people with your condition. All of this will depend on your unique circumstances.

Life Insurance is not a one-size-fits-all product. It’s important to understand the different types of cover available so that you’re getting the policy that’s right for you and your family.

Take a look at the two types of cover Beagle Street offers.

Term Life Insurance is a type of policy which only runs for a length of time (a term) agreed between yourself and the insurer. It’s the type of cover offered by Beagle Street. Compare this to Whole Life Insurance, which runs until you die or cancel the policy.

The most common types of Life Insurance could guarantee fixed premiums, although this is something you should check before you enter into an agreement. Some insurers may provide ‘reviewable premiums’ as well as guaranteed premiums.

Beagle Street only offers fixed premiums on our policies.

You can get a rough idea of how much Life Insurance cover to take out by weighing up your current annual financial commitments and multiplying that by the length of time you want to be covered for. Seek financial advice if you want a more precise estimate of the policy size that’s right for you.

Joint Life Insurance policies are fairly common, allowing partners to apply together, with cover that pays out when the first of them dies. This has some pros and cons compared to taking out two single policies, so you should discuss it with your partner and your insurer.

Not directly. Life Insurance from Beagle Street pays out a lump sum. However, if the policy is written in trust, it gets paid to your trustees, who can pass the money onto your beneficiaries on a monthly basis if that’s what you’d prefer.

If you die during the policy term, who the payout goes to depends on the arrangements you’ve made for after your death.

If you’ve taken out a joint policy with your partner through Beagle Street, the lump sum will be paid to them and the policy ends.

If you have a Will, the lump sum forms part of your estate and is paid to the executor to distribute as you’ve stipulated in your Will.

If you don’t have a Will, the lump sum will be subject to the rules of intestacy. This is a complicated process where the law decides who will inherit a deceased person’s estate (including a Life Insurance payout).

If you’ve written your Life Insurance policy in trust, the lump sum is paid to the trustees to distribute to the beneficiaries of the trust.

It’s important that you set up your wishes for after your death in advance, and check that they’re correct, as Beagle Street is not responsible for issues or disputes arising from payouts.

If you’ve taken out Critical Illness Cover with Beagle Street and develop a covered condition during the policy term, the lump sum will be paid directly to you.

If you’ve taken out Child Critical Illness cover, the lump sum will be paid to the parent or guardian who took out the policy.

Life Insurance payouts are not subject to tax, but they do count towards the size of your estate if the policy isn’t written in trust. This could make you liable for inheritance tax. If your policy is written in trust, then the payout does not count towards the inheritance tax threshold.

Critical Illness Cover provides a tax-free lump sum if you develop a covered condition during the policy term.

Our aim is to make getting Life Insurance easy and stress-free:

• Take out a policy online in less than 10 minutes.
• Get a free Will when you take out a policy with us.
• We’re rated ‘Excellent’ by our customers on TrustPilot.
• 99.1% of claims were paid in 2017.*
• We regularly search official records to ensure we’re not holding any money which will help your loved ones if you’re recently deceased.
• Keep all your policy documents in one place when you create an online account.

Take a look at all the reasons to use Beagle Street.

* Beagle Street is backed by Scottish Friendly Assurance Society who, in 2017, paid 99.1% of all their Life Insurance claims.