Whilst some Life Insurance companies will market policies as ‘Women's Life Insurance’, these are normally the same as the cover that you would get from a typical Life Insurance policy, that's available to men too. This said, there may be certain Life Insurance products or policy features, that appeal more to some women's priorities and reasons for needing cover.
There are 3 key types of Life Insurance:
These can all be suitable for women, depending on the person's exact needs and situation. For a more extensive break down of the types of Life Insurance click here
The simple answer is no. From December 2012, gender-neutral pricing was introduced to Life Insurance policies after a European Court ruling. This means that a woman and a man should pay the same premium for their cover when the only difference is their gender.
There are still ways for all genders to lower their Life Insurance premiums. Living a healthy lifestyle, getting cover at a younger age and comparing quotes, can all influence the price that you pay.
Applying for Life Insurance when you are pregnant is no different to applying at any other time in your life. Just as if you were applying without being pregnant, the Life Insurance provider will consider amongst other things, your age, height, weight, smoker status, pre-existing conditions, and family medical history to determine if they can offer cover and at what price.
You'll need to disclose that you're pregnant and because of this, you may get asked some slightly different questions. For example, you may be asked for your pre-pregnancy weight, as opposed to your current weight. Medical complications in pregnancy however can mean that sometimes, the cover is postponed until after the birth.
It is common for many women to start arranging their Life Insurance when they find out they are expecting. Having children means you'll soon have financial dependents that you'll want to protect if you were to pass away.
Click here to begin your quote.