Life Insurance

Cars, homes, holidays, pets - it seems that people insure everything but themselves. No one likes to think about not being around for their loved ones, but it's important that you do, so you can help to protect them.

Life Insurance provided in conjunction with MAC Financial offers great peace of mind and great value for money. From as little as £5 per month* you can help to protect yourself, and your family against the unexpected.

How much will it cost?

It's a common misconception that Life Insurance is expensive and complicated. In fact, looking after your loved ones is simple and affordable. Your monthly premium will of course depend on several things like the level you choose, type and length of cover, medical history, age, gender and whether or not you smoke. You can apply for Life Insurance if you are aged between 16 and 89.

Here are some examples of typical standard monthly premiums*:

£100,000 cover
	Female		Male
Age	Smoker	Non smoker	Smoker	Non smoker
25	£7.60	£5.00	£8.00	£7.70
35	£11.40	£7.62	£13.40	£9.10
45	£27.40	£13.60	£32.70	£16.60

£150,000 cover
	Female		Male
Age	Smoker	Non smoker	Smoker	Non smoker
25	£9.05	£6.20	£11.00	£8.45
35	£15.05	£9.35	£18.80	£11.45
45	£39.46	£19.10	£47.45	£23.45

_{* All prices correct as of 14/12/09. Source: The Exchange}

How much cover will I need?

When considering how much cover you will need, think about how you would meet the following costs if you lost your main income:

The Mortgage/rent
Household expenses/bills
Credit cards and outstanding debts
General living costs (clothes/holidays etc)
Childcare costs
Funeral costs

To apply pick up a form at one of the following Post Offices:

Regent Street, Douglas
Court Row, Ramsey
Ballasalla
Port St Mary
Onchan
Peel

Shortly you will be able to apply online.

DisabledGo Information

Terms & Conditions

Isle of Man Post Office

Life Insurance