What do you need to protect?

Protect your family

You’ll have some peace of mind when you know there’s some financial security in place for your family and loved ones if something happens to you.

Everyone’s circumstances are different, but these examples explain how Aviva products could help you to protect your family.

Please note : All case studies are fictional and are for illustrative purposes only.

Nothing on this site is personalised advice or recommendation. If you need a personalised recommendation based on your personal circumstances, you should seek financial advice.

New baby?

Shannon, 24 and Josh, 26 have just had a baby

Between them, Shannon and Josh earn £34K a year. They spend about £1,900 a month on things like housing (they have a repayment mortgage), bills, socialising and providing for their baby, Gina.

They know it’s important to make sure Gina’s looked after if something happens to them, but with so many bills to pay, they don’t have much money left each month.

Which insurance policies could they think about?

If they both took out our Free Parent Life Cover policy which lasts for a year, their beneficiaries could receive £15,000 if something happened to one of them or £30,000 if something happened to both of them. The policy is free and easy to apply for and can be taken any time up until a child’s fourth birthday.

Apply now for New parent free cover

As non-smokers, it would cost £11.38 a month for a cover amount of £150,000 on a Life Insurance Plan with increasing cover lasting 30 years. We would adjust their cover on an annual basis in line with any increases in the Consumer Prices Index (CPI). The premiums would also increase annually. If there was no increase in the CPI then the premium and cover amount would stay the same.

Get a quote for life insurance

To have a Critical Illness Plan with increasing cover for a cover amount of £50,000 over 30 years, it would cost £18.88 a month. We would adjust their cover on an annual basis in line with any increases in the Consumer Prices Index (CPI). The premiums would also increase annually. If there was no increase in the CPI then the premium and cover amount would stay the same.

Get a quote for critical illness cover

They might also think about Income Protection, which provides a monthly payment if work isn’t possible due to illness or accidental injury.

Find out more about income protection

These examples are correct as at 20/09/2015. These products have no cash-in value at anytime.

Young family?

Ash and Sarah, both 33, are married with two children, 6 and 2

Between them, Ash and Sarah earn £53k a year. They spend about £740 a month on their rent, and about £950 a month on living expenses.

If something happened that meant one of them couldn’t work, or wasn’t around, they want the security of knowing their partner would have enough money to at least still pay the rent.

Which insurance policies could they think about?

As non-smokers, a joint Life Insurance Plan with increasing cover would cost £13.24 a month for a cover amount of £120,000 over 25 years. We would adjust their cover on an annual basis in line with any increases in the Consumer Prices Index (CPI). The premiums would also increase annually. If there was no increase in the CPI then the premium and cover amount would stay the same.

Get a quote for life insurance

If they want to have a Critical Illness Plan with increasing cover for the same cover amount and policy term as well, that would cost an extra £65.44 a month. We would adjust their cover on an annual basis in line with any increases in the Consumer Prices Index (CPI). The premiums would also increase annually. If there was no increase in the CPI then the premium and cover amount would stay the same.

Get a quote for critical illness cover

They might think about Income Protection, which provides a monthly payment if work isn't possible due to illness or accidental injury.

Find out more about income protection

These examples are correct as at 20/09/2015. These products have no cash-in value at anytime.

Single parent family?

Marco is 37 and lives with his daughter

Marco earns £38,000 a year. He spends £550 a month on rent and another £1,600 on other outgoings including child care, food and clothes.

He’d like to be sure his daughter will have some financial security and able to live comfortably if he dies or becomes too ill to work.

Which insurance policies could he think about?

Marco is a non-smoker. For a cover amount of £150,000 over 20 years, a Life Insurance Plan with increasing cover would cost £11.35 per month. We would adjust his cover on an annual basis in line with any increases in the Consumer Prices Index (CPI). The premiums would also increase annually. If there was no increase in the CPI then the premium and cover amount would stay the same.

Get a quote for life insurance

If Marco wants a Critical Illness Plan with increasing cover for a cover amount of £100,000 over 30 years it would cost £45.44 a month. We would adjust his cover on an annual basis in line with any increases in the Consumer Prices Index (CPI). The premiums would also increase annually. If there was no increase in the CPI then the premium and cover amount would stay the same.

Get a quote for critical illness cover

Marco might also think about Income Protection, which provides a monthly payment if work isn't possible due to illness or accidental injury.

Find out more about income protection

These examples are correct as at 20/09/2015. These products have no cash-in value at anytime.

A couple?

Gary, 44 and Jan, 48 live together as partners

Together they earn £63,000. They spend about £800 a month on rent and about £1,200 on other expenses – they like to take regular holidays.

They both want some security of knowing their partner would cope financially if suddenly they died or became critically ill.

Which insurance policies could they think about?

As non-smokers, for a cover amount of £100,000 over 15 years, a joint Life Insurance Plan with increasing cover would cost £24.34 a month. We would adjust their cover on an annual basis in line with any increases in the Consumer Prices Index (CPI). The premiums would also increase annually. If there was no increase in the CPI then the premium and cover amount would stay the same.

Get a quote for life insurance

In addition, they could also opt to buy a Critical Illness Plan with increasing cover . A joint policy would cost £5.08 a month for a cover amount of £15,000 over 15 years. We would adjust their cover on an annual basis in line with any increases in the Consumer Prices Index (CPI). The premiums would also increase annually. If there was no increase in the CPI then the premium and cover amount would stay the same.

Get a quote for critical illness cover

And they might think about Income Protection, which provides a monthly payment if work isn’t possible due to illness or accidental injury.

Find out more about income protection

These examples are correct as at 20/09/2015. These products have no cash-in value at anytime.

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