What is life insurance?

Life insurance pays out a cash lump sum if you die before your policy ends. It can act like a safety net and could help your loved ones cope financially when you can’t be there.

To learn about life insurance and find out if it's right for you, check out the life insurance basics. Or we can help you get to grips with how life insurance works. If you'd like more info before you make a choice, go ahead and compare life insurance policies.

Video about Life Insurance

Do I need life insurance?

Life insurance might be right for you if:

  • You have children or loved ones who rely on your income
  • You have other dependents who might struggle to get by without you
  • You’re the main earner in your family
  • You have a mortgage or other debts

How can life insurance help?

It might help to think about the kind of support your loved ones would need if you couldn’t be there. Things like:

  • Helping with day-to-day costs
  • Paying off any debts you may have, like a mortgage
  • Leaving money for the future.

Why choose Scottish Widows?

Life insurance you can rely on, arranged by Scottish Widows. Here are a few reasons why they could be the right choice to protect you and your loved ones:


Scottish Widows paid out 98% of claims in 2020. That’s £206m in total.


Terms and conditions that are clear and easy to understand. That's why they’re accredited by Fairer Finance.


Scottish Widows has been protecting customers for over 200 years. So you’re in safe hands.


Scottish Widows protection products have no cash-in value at any time. So if the policy ends without a claim, you won't get any money back. If you don't make payments on time, your cover will stop, your policy will end and you'll get nothing back.

Try our life insurance calculator

Use our calculator to work out how much cover might be right for you.  

Calculate my cover

Life insurance policy documents

Find out how our life insurance can help you and your loved ones. These documents tell you how our policies work and what they cover.

Life insurance guide

Get a quick summary of all the info on this site, free for you to take away.

Life insurance policy summary

Find out more about what this policy covers and how it works.

Life insurance policy terms and conditions

Check the T&Cs to make sure this is the right cover for you.

Infographic about critical illness diagnosis before retirement in men and women

Life insurance with critical illness cover

If you were diagnosed with a critical illness, you might not be able to work. Critical illness cover could pay a cash lump sum to help you and your loved ones keep up with day-to-day costs, and let you focus on your own health and wellbeing.

Learn about critical illness cover

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Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.