Many people worry about how much information they need to provide but applying for life insurance with Royal London is simple and straightforward.
Before you start
If you are thinking about applying for life insurance then, congratulations, you are only a few steps away from protecting your family and loved ones. It’s easy to take out and you may be surprised at how affordable it can be. If you die while you are covered, you can leave money to help your family's financial security.
First, it’s helpful to think about how much cover you will need and for how long.
How much cover?
Work out what your family would need if you were no longer around to provide an income. Would they have to pay off the mortgage or a loan? How much would they need to cover household bills or the cost of going to college? Do you have any elderly relatives who rely on help from your income?
For how long?
Then consider how long you would need the cover. This will depend on when you expect to have paid off the mortgage, or when your children are going to be financially independent. The premium you pay each month will reflect the amount of cover you need, and the length of time you need the protection. Royal London’s application process enables you to adjust both of these when you are deciding on a final quote.
Royal London offers a range of life insurance products
Looking for more information about Over 50s Life Cover?
Filling in the application form
It is quick and simple to complete the online form for Royal London Life Insurance. On the first page you just need to fill in your personal details – your name, address and date of birth. Next there are a few questions about your lifestyle – how much you weigh, how tall you are, whether you smoke and how much alcohol you drink.
You’ll be asked about whether you’ve had any symptoms such as chest pain, a heart condition or cancer, or any referrals to hospital in the past five years. Terminal illness cover is included at no extra cost.
Then there are some questions about your family history, and whether your parents or siblings had any serious illnesses before the age of 60.
When you are filling in the form, you’ll need to let Royal London know of any medical investigations, tests or scans you are going to have, or for which you are awaiting results.
It’s important to answer the questions honestly and accurately. If you provide an incorrect answer, it could mean that you may not receive the full amount of your claim. In the worst-case scenario, your policy could be cancelled and you would not be paid anything.
When your application is almost complete, you’ll be asked what sort of cover you would like, how much, and for how long.
Then you’ll receive a summary of the policy, with key information to help you decide whether the amount and term of the policy is right for you.
Finally, you select payment – it’s as simple as that! The process is very straightforward and should only take a few minutes.
What’s more, if you receive your policy and decide that you don’t want to continue, you have 30 days in which to change your mind. All you need to do is cancel your cover and Royal London will refund any payments made. If you cancel your policy at any other time, cover will stop and you won't get anything back.
Royal London tries to keep the application process as simple as possible. Other insurers ask about residency, travel, activities and business trips but Royal London does not do that.
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