Super Money Saver Life Insurance
Super Money Saver are proud to team up with Smart Cover Online, a leading Life Insurance company offering Life Insurance cover anywhere any time. Get peace of mind for your family by purchasing Life Insurance online in just under 5 minutes, or if you prefer, complete a quick and easy form and we will contact you back to discuss your Life Insurance needs over the phone.
Life Insurance is an insurance you take out either as an individual or in a joint capacity to ensure your dependents receive a lump sum or regular payments in the unfortunate circumstances of you passing away.
You will make monthly payments to a Life Insurance company. You decide on how much and how long you want to take the policy out for, and if you pass away during the policy period, your dependents will receive a pay-out according to the terms of the policy.
It is never too late to ensure your family are covered, with Smart Cover Online, you can get instant cover online, in under 5 minutes. Yes, 5 minutes is all it takes to ensure you and your family have peace of mind.
Apply online within 5 minutes
Step 1 - Let us know some information about yourself and the type of cover you are looking for.
Step 2 - You will then be able to see your personalised quote and options available to you. You can amend the cover if necessary.
Step 3 - Once you are satisfied with your cover details, you will set up your monthly direct debit on the date require.
Step 4 - The final step is to review your cover before submitting your policy application. After you have reviewed and submitted your application, you will receive your policy documents via the post and receive a welcome call to answer any further questions you may regarding your policy.
Get a Quote
Step 1 - Enter your details on our quick and simple form.
Step 2 - An agent will call you back and discuss your cover requirements and go over any questions you may have. regarding your policy.
Step 3 - Once you have decided on your required cover and length, the agent will go over your policy details with you and will set up the policy over the phone with you.
Step 4 - The final step is to review your cover with the agent before submitting your policy application. After you have reviewed and submitted your application, you will receive your policy documents via the post and receive a welcome call to answer any further questions you may regarding your policy.
What is life insurance and what is Critical Illness cover?
Life insurance, in its simplest terms, pays out a lump sum when the person insured dies within the term of that policy; the policy term is a set number of years and the lump sum is the sum assured that you have decided is the amount you would need to be paid out. You can purchase through our website Level, Increasing, or Decreasing Life Insurance Cover.*
Critical Illness Cover pays a lump sum if you are diagnosed with one of the listed critical illnesses within your Critical Illness Policy, during the length of your policy.*
How much cover do you need?
The amount of cover you need will depend on your own personal circumstance, there is no one-size-fits-all answer. The factors you may need to consider include covering;
Mortgage or rent payments
Any other loan or debt repayments
Education and childcare expenses
Loss of income.
How long do you need cover for?
If you are using the policy to cover a mortgage then the policy term should be the same as the remaining length of your mortgage. If you are using the policy for family protection people often choose a term that provides cover until your children reach independence. The choice is yours.
Types of cover
The pay-out and cover stays the same throughout the amount of time you are insured for. Put simply, you decide the amount of cover to take out and that’s what the policy pays. This is often taken out for families, who want to cover for costs such as protecting their families lifestyle or child care costs as well as monthly outgoings such as a mortgage.
This means the cover amount decreases each year to pay off an outstanding mortgage or loan by the end of the term based on an interest rate of 8%. This is because your debt should be decreasing as you repay it over time.
As the name suggests, this increases the pay-out the longer the policy runs. The cover amount increases each year by 3% and your premiums increase by 3.75% each year to pay for the increased cover and age. The increasing option helps to provide some degree of protection against the risk of inflation.
Critical Illness Cover
Critical illnesses have the potential to turn your life upside down unexpectedly. We all hope it won’t happen to us, but what would happen to your family’s finances if you became seriously unwell? It’s important to consider if your loved ones would be able to pay the mortgage, rent or other household bills- if they couldn’t, critical illness cover could be for you.
Your policy has no cash-in value at any time.
What effects the price of life insurance?
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* Not paying or being behind on your premiums may impact your ability to claim or your claim amount. If you fall behind on your premium payments and do not resume paying your premiums, even if you become ill or lose your job, your policy may be cancelled and cover will cease.