No one likes to think about what would happen if they weren’t around, but for families, life insurance is one of the most important safety nets you can put in place.
If you have children, a partner who relies on your income, or shared financial responsibilities like a mortgage, Family Life Insurance ensures they’re protected from financial stress if the worst happens.
At Mortgage Knight, we make it simple. No jargon. No hard sell. Just honest advice to help you protect the people who matter most.
Whether you’re married, cohabiting, or a single parent, if someone relies on you financially, you need life cover.
Mark and Emma have children from previous relationships. We set up individual life plans, written into trust, so their respective children would receive payouts tax-free and without delay.
You insure your car and your phone, but what about the people who rely on you? Life insurance for your family is affordable, essential, and easier than you think.
Speak to Mortgage Knight today for no-pressure advice and contractor-specific insurance options that work with the way you earn.
A: That depends on your mortgage, income, and how long your family would need financial support. We’ll help you calculate a suitable level.
A: Cover starts from under £10/month, depending on your age, health, and cover amount. We’ll find a plan that fits your budget.
A: Level term pays a fixed amount. Decreasing term reduces with your mortgage. Many families choose both — one for the mortgage, one for lifestyle support.
A: Yes — even if one doesn’t earn. If your partner takes care of the children or household, losing them would have emotional and financial costs.
A: Life insurance is not a savings plan — if you cancel, it ends with no payout. But you can usually change or reduce cover if your situation changes.
A: Yes — we recommend this, as it keeps the payout outside your estate, avoids inheritance tax, and means faster access for your family.
