Best life insurance, income protection and critical illness cover in 2021 for teachers
Latest figures show there are approximately 506,400 full-time teachers in the UK. Of this total number, about 216,500 work in primary schools, 208,300 work in secondary schools, 61,500 work in independent schools and 16,700 work in special schools. According to the Department of Education, 30.5% of these teachers are male, and 69.5% are female. However, at primary school level, this rises to 82.4% female – a proportion that is steadily increasing.
For anyone working as a teacher, life insurance is an essential insurance policy to have. No teacher wants to consider death, but all teachers want to make sure their loved ones are protected financially should the worst happen.
Teachers' life insurance will pay a lump sum to your loved ones which will allow them to pay off your mortgage and any other outstanding debts, cover your funeral expenses and even provide a lump sum or a regular income to your dependents replacing your earnings for a period of time that you select.
To help teachers choose the right type of policy and insurer, it costs nothing to speak to our highly-trained award-winning advisers that are available via the 30-second application form on the button below.
WeCovr works with only FCA-authorised insurance experts that specialise in underwriting teachers and teaching assistants. They are not tied to any one insurance provider, which allows them to provide you with the best life insurance offers if you work as a teacher.
The cost of life insurance is going to vary with the specific type of activities undertaken, your health situation, smoking habits and other key factors.
Teachers' Life Insurance Cover - Questions you may be asked
- What are the typical daily activities that you are involved in as a teacher?
- The level of life insurance cover required
- How many years the policy is required to last
- Who are the beneficiaries of your life insurance cover?
For a fast, free, no-obligation quote for Teachers' Life Insurance cover you can fill in a quick form available by tapping the button below.
Income Protection Cover for Teachers
WeCovr can provide competitive income protection cover quotes. If you are unable to work due to illness or injury, by having income protection cover you will be paid a regular income. Typically, the policy will pay out after a pre-agreed period which can vary from one month to one year after you make a claim.
As with life insurance cover, the riskier your occupation, the higher the perceived risk. Some of the common questions asked to formulate a quote can include:
- What level of income will you require?
- What is your current occupation as a teacher?
- Outline tasks involved in your daily activities
Critical Illness Cover for Teachers explained
Critical Illness Cover is designed to pay out a lump sum if you have to go through a medical procedure or are diagnosed with a critical illness and survive at least ten days from diagnosis. The lump sum amount is to assist dependents financially while letting you concentrate on your diagnosis and recovery without having to worry about finances.
The list of illnesses that are part of critical illness cover includes but are not limited to some of the following:
- Alzheimer’s disease
- Multiple Sclerosis
- Some types of cancer
- Heart attack
To offer you best value-for-money insurance plans, WeCovr's insurance partners will need to ask several questions, including:
- How long do you want your policy to last?
- Do you want level or decreasing cover?
- Do you want to add a terminal benefit to your critical illness cover?
Get a free, no-obligation quote today for Teachers' Life Insurance cover – protect your family!