Post Office also offers optional critical illness cover for an additional premium which helps pay a lump sum if you suffer from a defined critical illness such as cancer or a heart attack, providing extra financial support while you’re recovering. There’s also an optional children’s cover at an additional cost which is designed to help cover extra costs such as medical expenses if your child suffers accidental death or a specified serious injury or illness.
Further, as a ‘thank you’ for choosing life insurance from Post Office, customers will be given the choice of a £100 Tesco, M&S or Amazon gift card. And if you apply for cover by 9 March 2025, you’ll also get an extra £30 Winter Warmer Cashback. You can find out more here
With life insurance such an important aspect of financial planning for you and your loved ones, starting the process early can actually benefit you during your lifetime, and not just your family after your death.
However, it’s important to review your cover amount against your current needs, particularly if you took out life insurance earlier rather than later. Your needs and standard of living may have changed such as with having children, buying a bigger house or due to other financial responsibilities.
Gone are the days of buying a policy and having your nearest and dearest dust off the detail if tragedy strikes. Now, you can help look after yourself both physically and mentally during the term of your cover and have peace of mind that when you pass away, your family will be financially protected too.