Level Term Insurance

Your cover remains level throughout a fixed term, hence the name. Compare Level Term Insurance.

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Level Term Life Insurance

The most common policy for life protection.

  • A lump sum paid to loved ones
  • To protect an interest only mortgage
  • Indexation option can be added to never lose the value of the policy

We will tailor make a policy to your requirements using a panel of insurers.

We promise to find the best cover possible for you and your loved ones.

Estimator

Calculate your policy option.

You can either choose a level of cover you wish to leave to loved ones or you could fit the policy into a budget and pay a certain premium. This policy will also come with a Terminal Illness Benefit as standard.

If at any point you are diagnosed with a terminal illness and you are given less than 12 months to live, this policy may pay out your sum assured whilst you’re still alive to do with as you wish.

A Level Term Insurance policy is designed to cover you for a fixed term. You will pay a monthly or an annual premium and should you pass away within this term, the policy will pay out the sum assured you have been covered for.

This enables you to have complete peace of mind that your loved ones are financially taken care of when you are gone. These are the hardest of times for friends and family and so all we can do is make things easier.

Speak with one of our specialists for more information.

The FCA is the independent watchdog that regulates financial services. Use this information to decide if our services are right for you.
  • We offer products from a range of insurers for term assurance and critical illness cover.
  • We only offer products from a limited number of insurers for whole of life, income protection, private medical insurance and home insurance. A list of the insurers we offer insurance from is available upon request.
  • We only offer products from One Family for non-underwritten whole of life plans.
  • We will advise and make a recommendation for you after we have assessed your needs.
  • You will not receive advice or a recommendation from us. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.

We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations.

This depends on the type of business and the circumstances of the claim.

Insurance

For firms declared in default on or after 3 July 2015, protection is at 100% where claims:

  • a) arise in respect of a liability subject to compulsory insurance; or
  • b) arise in respect of a liability subject to professional indemnity insurance; or
  • c) arise from the death or incapacity of the policyholder due to injury, sickness, or infirmity including contracts for Long Term Insurance such as Long Term Care, pensions and annuities

Protection is at 90% where claims arise under other types of policy with no upper limit.

Further information about compensation scheme arrangements is available from the FSCS. Visit www.fscs.org.uk or 0800 678 1100.

  • A fee.
  • We do not charge a fee for our service; however, if you take a policy out through us we will be paid by commission from the provider.

You will receive a quotation which will tell you about any other fees relating to any particular insurance policy.

Approved Life is a trading style of SHK Finance Limited, who are authorised and regulated by the Financial Conduct Authority under registration number 579963

Our permitted business is insurance mediation. You can check this on the FCA’s register by visiting the FCA’s website www.fsa.gov.uk/register/ or by contacting the FCA on 0800 111 6768

If you wish to register a complaint, please contact us: By email: complaints@shkfinance.co.uk In writing: Complaints Department, Approved Life, 1st Floor, Unit A, Marlborough Business Centre, George Lane, South Woodford, London, E18 1AD

By phone: Telephone us on 0800 002 9479

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

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