Who is Royal London?
Royal London is one of the most well-known insurance companies. They are recognised in the industry for their award-winning products.
Royal London is a mutual, which means they are owned by their customers who share in the profits.
- Royal London life insurance has a 4.7 out of 5 stars overall rating on Feefo.
- They have a 73% Fairer Finance customer experience rating.
- 95.4% of claims were paid in 2022.
- Royal London life insurance Trustpilot rating, is Excellent.
With an impressive rating on Trustpilot and Feefo, it is easy to see why customers are satisfied with their Royal London life insurance policy.
The Royal London life insurance customer support is excellent.
Every life insurance policy includes their Helping Hands Service. This offers access to wellbeing support and advice on how to live a healthy lifestyle.
They provide a range of protection products to help their customers plan for the future and manage their wealth, including a specialist mental health product for complex mental health conditions.
What awards have Royal London won?
Royal London is recognised as a top life insurance provider in the industry.
Some of their most recent award wins include:
FT Adviser
- Financial Adviser Service Awards 2022: 5-Star Winner Pension & Protection for Royal London Protection
- Financial Adviser Service Awards 2022: 5-Star Winner Pension & Protection for Royal London Pensions
- Financial Adviser Service Awards 2022: 5 Star Winner Investments for RLAM – Royal London Asset Management
Brokers Ireland
- 2022 Excellence Awards: Overall Financial Services Excellence Winner
The different types of Royal London life insurance policies
There are many Royal London life insurance policies to choose from, including
- Level term life cover
- Decreasing Mortgage protection
- Critical illness cover
- Income protection
- Whole of Life
- Family Income Benefit
Royal London Whole of Life Insurance
Royal London Whole of Life Insurance plan is available through insurance brokers like us, the Insurance Surgery.
Whole of life cover provides peace of mind that your family will be cared for in the event of your death. Royal London Whole of Life insurance pays a sum of money when you die or are diagnosed with a terminal illness.
- You can choose for your cover to last for the rest of your life.
- Any payout will be made in the form of a tax-free lump sum if held in trust.
- It’s applicable for UK residents aged between 18 and 89.
- You can choose the amount of cover you need.
- Benefit from access to the Royal London Helping Hands service.
Our trained advisors, will discuss with you your requirements to establish how much cover you and your family need. We’ll make the process as easy as possible from start to finish.
Royal London Advised Cover
Royal London Advised Cover offers an unlimited cover amount. This is set to a maximum of £5 million if you choose the increasing cover option.
- Available for UK residents between 18-89 years old.
- The plan can be tailored to suit your needs and can include optional critical illness cover and income protection.
- It also includes the Royal London Helping Hands service.
Royal London Joint Life Insurance
A Royal London Joint Life insurance policy covers both partners however will only pay out once.
If one partner dies, the insurance will pay out to help your spouse pay the mortgage or bills. It can also help meet funeral costs or help with inheritance tax bills.
However, your joint life insurance policy will end once the policy has been paid out. This means that any surviving partner would no longer have a valid life insurance policy. They could choose to take out a separate Royal London Life insurance policy if they wished to do so.
But if you want something more supportive, why not check out Royal London’s dual life cover?
With dual life cover, both you and your partner are covered under one plan. But each person will be covered separately. So if one person claims, the other is still protected.
