Nurses Life Insurance

Nurses life insurance – what you need to know

If you’re a nurse, you might believe that you need to find specialist life insurance. Working in a potentially “high risk” environment might make you think that getting the protection you need will be complicated or expensive.

The truth is that many nurses will be able to find life insurance at a normal rate. Typically, you won’t pay more for your cover than people in other occupations.

Many of our customers are nurses, and we work with the UK’s leading insurers to help them find the right cover. We can scour the market and find you the cover you need without you paying extra for so-called “specialist” insurance.

Of course, there may be a small number of nurses who may pay a little more for their cover. Perhaps you work with hazardous equipment or in a higher-risk environment? In these cases, we can work with insurers to find the protection you need.

Whatever your role, we can find you great cover at a price you’ll love.

What kind of insurance do nurses get?

If you’re contributing to the NHS Pension Scheme you are entitled to two key benefits:

• A lump sum – this depends on a range of factors including the specific scheme you’re a member of. Typically, this lump sum will equate to two times your salary.
• Pension benefits to eligible dependants. 
• The lump sum that your beneficiaries will receive is a valuable benefit and will ensure your loved ones receive financial support when they need it. However, it’s unlikely your family will be able to rely just on your NHS death benefit for the following reasons:
• It’s unlikely to be enough to repay your mortgage.
• Two years’ income might not be sufficient to help your partner, spouse, or children maintain their standard of living – especially if they have to pay for childcare etc.
• The cover is job dependent. If you change career and leave the NHS Pension Scheme, you’re likely to lose this benefit. This could leave you with insufficient cover.

For these reasons, while the lump sum you may receive is useful, you will often find that you do need to put your own protection in place. This way you benefit from the peace of mind that your loved ones will receive financial support if the worst happens.

Do nurses need insurance?

Yes. You should think about getting nurses life insurance if:

• You have a spouse or partner
• You have children
• You have a mortgage
• You have joint financial commitments
• Your partner would struggle to pay the rent or bills if something happened to you
• You have loans or debts that you’d like to repay on your death
• You want to leave a legacy to your children.

We work closely with the UK’s leading insurers to help you get the right nurses life insurance at the right price.

What is the best nursing insurance?

Nurses life insurance provides a lump sum to your loved ones if you die within the policy term. It’s a great way of ensuring your family will receive financial support if anything were to happen to you.

Once your life insurance is in place, you might want to consider other types of nursing insurance:

• Nurses Critical Illness cover will provide you with a tax-free lump sum if you’re diagnosed with a serious illness, such as certain cancers and multiple sclerosis, or if you have a serious stroke or heart attack. You benefit from financial support if you have to give up work to focus on your recovery.
• Nurses income protection will help you to replace income if you’re unable to work for an extend period to due illness or injury.

As nurses’ insurance experts, we’ll scour the market to find the right cover for you.

How much does nursing insurance cost?

Nurses life insurance typically starts at just £6 per month. You can benefit from the reassurance that your loved ones are protected for the cost of a couple of cappuccinos.

Get in touch with us now to find out more, or compare nurses life insurance online.