Life Cover

Life Cover for hard to insure clients

You know how important it is for your clients to have adequate Life Cover in place to protect their family's financial future.
Sadly, it's not always that easy to arrange. For clients who have a chronic or serious health condition or multiple health conditions it can be difficult, if not impossible, to recommend quality affordable protection.
That's where we come in.
At The Exeter, we're committed to making protection accessible to all, so we've built two Life Cover products with a difference - they're specifically targeted at hard to insure clients.
Watch the video and read on to find out more.

We deliver specialist, valuable cover to those of your clients who often find it hard to get the right cover, or any cover at all.

For some clients, who are type 2 diabetics or have a high BMI, we offer potential premium discounts when simple health goals are achieved.

For clients who have multiple or severe health conditions, or who have previously been declined, we offer cover where others often won’t.

Overview

We offer two Life Cover plans, each with a distinct target market. Both plans reflect the realities of life today - that good health can be hard to maintain.

Managed Life

Is responsive cover for clients with type 2 diabetes or a high BMI. Managed Life will reward clients that make positive changes to their health through reduced premiums.

Real Life

Is designed for clients who may find it difficult to get cover as a result of serious or multiple health conditions.

Managed Life

Managed Life

Managed Life is a life insurance policy that pays a lump sum benefit when the life covered die, or is diagnosed with a terminal illness – where life expectancy is less than 12 months.

Product features

  • Who can buy Managed Life?
    Managed Life is available to customer’s resident in the UK for the last three years, aged 18 to 80 inclusive.
  • How long does the cover last?
    The term of the policy can be any number of years between 5 and 50, although the policy must end before your client reaches their 90th birthday.
  • What are the limits on cover?
    The minimum amount of benefit is £20,000 and the maximum is £3,000,000.
  • What types of cover are available?
    There are two types of benefit available – level or decreasing.
    With a level benefit, the chosen benefit will remain the same through the term of the policy.
    With a decreasing benefit, the chosen benefit will reduce each month in the same way as the outstanding amount on a repayment mortgage with an interest rate of 8% per year.
  • How much does it cost?
    The minimum monthly premium is £15.
  • What else is included on Managed Life?
    Managed Life includes Terminal Illness benefits as standard.
    Managed Life also includes two temporary benefits at no extra cost. available before cover starts:
    • Accidental Death Benefit
    • Mortgage Free Cover Benefit
  • Discount for linked policies
    Managed Life isn’t available as a joint policy; however we will apply a discount to two linked policies, reducing both premiums and the quote and application process.

For more information, see our Guide to Managed Life, Key Facts and Policy Document.

Real Life

Real Life is a life insurance policy that pays a lump sum benefit when the life covered dies or is diagnosed with a terminal illness – where life expectancy is less than 12 months.

Product features

  • Who can buy Real Life?
    Real Life is available to customers resident in the UK for the last three years, aged 18 to 80 inclusive.
  • How long does the cover last?
    The term of the policy can be any number of years between 5 and 50, although the policy must end before your client reaches their 90th birthday.
  • What are the limits on cover?
    The minimum amount of benefit is £20,000 and the maximum is £3,000,000.
  • What types of cover are available?
    There are two types of benefit available – level or decreasing.
    With a level benefit, the chosen benefit will remain the same through the term of the policy.
    With a decreasing benefit, the chosen benefit will reduce each month in the same way as the outstanding amount on a repayment mortgage with an interest rate of 8% per year.
  • How much does it cost?
    The minimum monthly premium is £15.
  • What else is included on Real Life?
    Real Life includes Terminal Illness benefits as standard.
  • Accidental Death Benefit
    Real Life includes Accidental Death Benefit at no extra cost. This benefit is available during underwriting.
  • Single policy
    Real Life is available on a single policy basis only.

For more information, see our Guide to Life Cover, Key Facts and Policy Document.


Underwriting

Whether you are recommending Managed Life or Real Life, our underwriting rules and limits help set us apart from other insurers.


Equally, the skills and expertise our underwriters have gained in providing cover for hard to insure clients in both the Life Cover and Income Protection markets, can provide you with confidence throughout the quote and application process.


For more information on how we underwrite both Managed Life and Real Life, together with the support our team can provide throughout the process, please refer to the following documents

Membership Benefits

As a member of The Exeter, your clients have access to a number of value added benefits on top of their core insurance cover, at no additional cost.

Exeter Assist

Offering confidential support and guidance on a wide range of issues, from relationship concerns to worries about debt.

GP Helpline

A phone and webcam service providing information and advice about your client's health concerns or those of their family.

Private prescription service

A follow-up to the GP Helpline, providing a hassle-free way of receiving medication, without a trip to an NHS doctor.

Membership Benefits

For more details, please visit the Membership Benefits page.