Life Insurance

We know life insurance isn't the easiest of things to think about. But since our life insurance has been designed to give you peace of mind, we've made it as simple as possible to understand as well. Take as much time as you need to read through the details, and if you've any questions, don't hesitate to call us and we'll talk you through what's involved.

Here's what you need to know to start with:

We offer two types of life cover, both of which provide a lump sum in the event of your death during the period of cover (the term). You can choose how much cover you want and for how long. Your monthly premiums remain fixed throughout the term of the policy. The two available types of cover are:

• life cover - where the amount of cover remains level throughout the term
  
  Mortgage Life cover - where the amount of cover decreases over the term at a similar rate to a typical capital repayment mortgage
• our online calculator helps you easily work out what level of cover you might need
• cover provides a lump sum payment if you die before the expiry of the policy, or if you are diagnosed with a terminal illness (see policy summary for details)
• payments are fixed monthly amounts
• you must be resident in the UK and aged between 18 and 64 for Mortgage Life cover or 18 and 67 for Life cover
• you can get an immediate decision online in many cases and once you apply you're immediately covered by our temporary Accidental Death Benefit.

first direct Life Insurance is underwritten by HSBC Life (UK) Limited.

first direct Life Insurance policy Terms and Conditions apply.

Life Insurance £100 Cashback Terms and Conditions

To qualify for the Cashback you must either:

• be a first direct 1st Account customer and have held your first direct 1st Account for at least six months; or
• be a new first direct mortgage customer who has opened a first direct 1st Account in connection with the first direct mortgage.

Existing first direct mortgage customers taking out additional borrowing are not eligible to participate in this offer unless they have held their first direct 1st Account for at least six months.

You must apply for a first direct Life Insurance policy between 1 July 2010 and 2 August 2010 and go on to purchase the policy.

Only one Cashback payment per customer.

first direct 1st Account customers who at any time during the 12 month period prior to the commencement of this offer have received Cashback on any first direct Life Insurance policy pursuant to a previous Cashback offer will not be eligible to receive any Cashback under the current offer.

If eligible for this offer, the Cashback amount will be credited to your first direct account within 12 weeks of the policy commencing, providing the policy has not been cancelled within that time.

first direct is entitled to claim back the Cashback if you cancel the policy within 12 months of the policy commencing by debiting your first direct 1st Account within eight weeks of the cancellation of your policy.

The offer may not be used in conjunction with any other offer. first direct reserves the right to remove or vary this offer at any time without notice. Premiums are dependent on individual circumstances and underwriting criteria will apply.

Our downloads are in a PDF format. To read them you'll need to have Adobe Reader 4.0™ or above, if you haven't it's free and you can get Adobe Reader here.