Find out how much your cover could cost in 3 simple steps
Heard about our calculators?
In just a few simple steps, you can find out a rough estimate of how much you could be paying each month for your policy.
We created our calculators to make life easy for you, keep reading to find out a bit more about what they are all about and what each type of policy can do for you.
Try before you buy?
By trying our calculators today, it’s sort of like an opportunity to ‘try before you buy’. You won’t be covered by a policy by using our calculator but you can get pretty close to sorting your cover.
You can find out a rough estimate of how much your policy could cost, in just a few steps.
Critical illness cover
Critical illness cover is a type of life insurance policy that can financially protect you if you were to be diagnosed with a listed critical illness.
It all depends on what provider you choose and your unique medical history but there are a few illness that most critical illness policies cover you for as standard:
- Cancer
- Multiple sclerosis
- Parkinson’s disease
- Alzheimer’s
- Loss of limbs
- Heart attack
- Loss of sight
- Organ failure
- Stroke
If you received a pay-out from your critical illness policy, you can either use the pay-out yourself or you can pass it to your loved ones.
Income protection
If you work, income protection insurance should definitely be on your radar and here’s why. The regular pay-outs that this cover can provide, could help pay for the essentials, if you were too poorly to work.
Unlike most other types of life insurance policies, income protection pays out every month, rather than one lump sum. The payments you’ll receive each month are a percentage of what you earn, it’s kind of like still receiving a regular income, even when you’re ill or injured and unable to work as a result.
With your regular income protection payments, it can help you stay up to date with paying the bills and you won’t have the burden of having to worry about money whilst you are off work ill or injured.
Decreasing and level
When it comes to a life insurance policy for your mortgage, we typically recommend either a level life insurance policy or a decreasing life insurance policy. It all depends on the type of mortgage you have.
If you have a repayment mortgage, the type of cover you’d need is a decreasing term life insurance policy. Whereas, if you have an interest-only mortgage, you’ll need a level life insurance policy.
At Busy Bee, we will take a closer look at the type of mortgage you have and your remaining balance.
How do the calculators work?
If you’ve made it this far and still haven’t tried out one of our calculators, we might as well tell you a bit about how they work.
All you need to do is choose your age from a dropdown, pick the amount of cover you think you’d want, click to secure your estimate and you’ll be able to see an estimate of how much your cover could cost you each month.
If you don’t fancy trying one of our calculators and you just want to skip straight to getting a quote and getting your life insurance sorted, then click the button below.