Life Insurance For Over 30s
- £200k cover 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 over 30s?
So you’ve turned 30. It’s a big milestone, and even more so if you’ve also recently bought a house or started a family. If that’s you and you’re thinking “should I get life insurance in my 30s”, it’s a good time to start an application with us.
Life insurance for 30-year-olds from Beagle Street protects your family and dependents by leaving them a lump sum if you pass away. It will keep them financially secure now and in the future.
How does life insurance for over 30s work?
You might think life insurance is for older generations. But if you have kids or you’re a homeowner, now is the time to start thinking about it. And as many people hit these milestones in their 30s, over 30s life insurance is the ideal solution.
It will pay out a lump sum when you die to keep your family financially secure. Every life insurance policy is different and it will be tailored around your personal circumstances and what you want to protect. You could choose decreasing term cover just to cover your mortgage so your family can keep your home – the payout decreases as your mortgage decreases. Level term cover is where you leave a cash lump sum to your family, with the payout remaining at the same amount.
How much does life insurance for over 30s cost?
The younger you are when you apply for your life insurance, the more likely it is that your premiums will be cheaper. However, as your policy is tailored to you, factors like the type and length of policy you need will play a part. Your lifestyle, health and any pre-existing medical conditions will affect it too.
The length of cover – How long do you want your life insurance to be in place? This could simply cover the term of your mortgage or you might want it in place until your kids are old enough to be financially dependent. Whatever you decide will affect your premiums
Type of policy and cover – Level term policies where the payout stays the same tend to be more expensive. This is compared to decreasing policies where the amount of cover decreases in line with your mortgage payments for example.
The amount of cover – The amount of cover you need is affected by your circumstances and what you want your policy to do, whether you want to protect your house or leave a lump sum for your kids. At Beagle Street, we enable you to tailor your policy so it works for you and your family.
Your health and lifestyle – Your age, health and lifestyle all affect your premiums. This is because they affect your chances of developing a critical illness, so you’ll need to let us know about any pre-existing medical conditions and whether or not you’re a smoker (including vaping).
When you take out life insurance for over 30s, your premiums are calculated on your current age and general health and won’t increase once your policy starts. If you take life insurance out earlier it can be cheaper in the long run.
The benefits of life insurance for over 30s
With life insurance for over 30s from Beagle Street, you’ll have a tailored life insurance policy that works for your personal circumstances and protects your family, to:
Protect your home – If you die, your family can still keep your home as your life insurance policy can pay off your mortgage or cover your rent.
Cover funeral costs – Your family won’t be left with a hefty bill for your funeral, as our life insurance can ensure it is covered.
Pay off debts – If you have debts which your family won’t be able to pay in the event of your death, this can be covered by your life insurance policy.
Cover bills and essentials – If you die and your family is left to fend for themselves without your income, they may struggle to pay for household bills and essentials. A comprehensive life insurance policy will make sure these are covered.
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