Royal London Life Insurance


Royal London is the largest mutual life, pensions and investment company in the UK. They are also in the top 25 mutuals globally, with over 4,200 employees.

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The History of Royal London

Royal London was founded in 1861 in a London coffee shop, initially set up as a friendly society to help its members secure their financial security.

In 2000 Royal London took over United Assurance Group plc, the largest acquisition of a quoted UK company by a mutual.


Royal London Life Insurance Policy Review

Royal London offer a comprehensive Life Insurance policy with a number of additional benefits included for free.

Royal London Life Insurance Overview

Includes life cover and terminal illness cover  (Critical Illness cover can be added at an additional cost)

Policyholders age  You can take out a policy between 18 and 87 years of age. 

Types of cover available Royal London offer Level Cover, Increasing Cover and Decreasing Cover as well as Whole of Life Cover.

Policy Term the length of time your policy can run for can be between one and 72 years. 

Maximum Age the policy must end when you reach the age of 89.


Great Rating

With independent review platform Trustpilot

Company of the Year 2023

Financial Adviser Service Awards 

5 stars for Protection service

(10th year running)

5-Star Rating

With independent rating firm Defaqto

Royal London Life Insurance Cover

Available options with Royal London Life Insurance

Life Insurance  Royal London Options
Types of Cover offered
  • Term Life Insurance
  • Increasing Term Life Insurance
  • Decreasing Term Life Insurance
Minimum Age Entry 18 years old
Maximum Age Entry 87 years old
Maximum Benefit Unlimited or up to £5,000,000 for increasing cover
Terminal Illness Cover  Yes

Royal London Life Insurance Key Benefits

Benefit Details
Increase Options You can increase your amount of cover due to a life change without needing to provide medical information. For example, you get married or divorced, increase your mortgage or have or adopt a child.
Joint Policy Separation If you and your partner have taken out Life Cover on a joint basis to cover a mortgage, you can change your cover into two separate single life covers. 
Digital GP Your Life Cover will give you access to Royal London's 'Helping Hand' support service. This includes 'HealthHero',  24/7 access to virtual GP consultations and 'Thrive', a mental well-being service.
Additional Benefits It is also possible to benefit from other options which you pay a little extra for, such as Waiver of Premium.



How to Make a Claim

If you need to make a claim, call Royal London on:
0345 266 5400
Lines are open 8am - 6pm Monday to Friday, excluding bank holidays.

Alternatively, you can make a claim by filling out an online form HERE.


Frequently Asked Questions

What happens if I out-live my Term Life Insurance policy?

A Term Life Insurance policy does not provide a cash sum if you are still alive at the end of the term. Premiums tend to be lower for such policies as the majority will out-live their policy. Term Life Insurance policies are generally taken out by people who do not want to leave any financial burden on their family such as mortgage payments.

What is the difference between Over 50’s and Whole of Life Cover?

Both policies will pay out a lump sum upon your death at any age. Generally speaking, Whole of Life cover tends to have cheaper premiums over an Over 50’s plan as you have to disclose your medical information. The most cost effective option for you depends on whether you would benefit from your medical history being disclosed or not. Although the premiums of a Whole of Life policy tend to be lower, you will pay the premium until you pass away, whereas Over 50s plans often have an upper age limit. While your cover will remain, you are no longer required to make payments - usually when you reach 90 years old or the 30th anniversary of your policy.

Can I add Critical Illness to my Life Insurance?

Yes, should you suffer a serious illness Critical Illness cover will pay out a tax-free sum. This can be an add on to your Life Insurance policy or bought separately. Speak to one of our expert advisors to find out which policy would best suit your needs.

Who gets the money if my children are young when I die?

Setting up a Life Insurance policy is designed to protect loved ones and writing the policy into trust goes a step further in achieving this goal. This enables you to select who would hold the money for your children until they reach a certain age should you die. This will often be a partner, sibling or close friend as they will have a legal responsibility to carry out the wishes of the person creating the trust.


Will my cover cost more as a smoker?

Life Insurance is a risk-based product and so with the significant health impacts that smoking can have on a person, the insurance companies will charge someone a higher premium should they smoke. A smoker is usually defined as someone who has used any nicotine product in the last 12 months although some insurance companies have changed this to longer periods. If you took a policy while smoking and you no longer smoke, you should contact us to review your policy.

Will my cover cost more if I vape?

Vaping is a recent trend which insurance companies and health bodies have had to educate themselves on. The vast majority of e-cigarettes still contain a level of nicotine which can be addictive and so anyone who uses such products will still be classed as a smoker.

Is my premium fixed?

Most people tend to like the idea of their premium never changing as it provides stability and peace of mind – these are known as guaranteed premiums. Reviewable premiums are sometimes opted for whereby the premium can start at a lower amount but increase over of the course of the policy.

Will my Life Insurance payout be taxable?

No, your insurance payout will not be liable for tax.


Royal London Life Insurance Policy Documents

For the Royal London Life Insurance Key Facts and Policy Terms & Conditions documents, see below.


Why Compare Health & Life Insurance with us?

Here at Usay Compare, we can help you to compare prices and cover from the market leading UK health and life insurance companies such as Aviva, AXA and Bupa. Our service is completely free of charge and we are totally independent and impartial.

Our team of friendly, expert advisers are on the end of the phone, ready to guide you easily through the whole process. They will get to know your unique individual requirements, do all the hard work comparing prices and policies for you; then advise on the best and most cost-effective quote.

Secure the perfect policy at the best price.

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Life Insurance Guides

Below are our in-depth guides to help you understand Life Insurance better and learn more about how it works. Don't forget our advisers are always at the end of the phone to offer free, expert advice should you prefer to speak to someone in person.