Life Insurance For A Housewife


It’s usually that a housewife would want to take out life insurance to ensure that if she died unexpectedly then the surviving parent could afford to bring up their family.

Normally parents will take on joint commitments to enhance their lives and those of their close relatives. This could be borrowing on a mortgage to buy a new home, starting a new business together, buying a new family car or starting a family. Under these circumstances if one of the partners was to die then the surviving partner would need some financial support through the pay-out from a life insurance to keep things going for a while.

Here is a table of the most competitive rates for £100,000 of life insurance we could find calculated on $QUOTEDATE$ to provide some ideas of how much life insurance could cost.

It’s always best to compare life insurance quotes online before buying to check you are getting the best deal. As you can see delaying the purchase of life insurance means the cost rises (with age) and there is the additional risk that increasing weight (and BMI, body mass index), and medical factors may put the price up too.

Husband £100,000 Single Life Insurance Rates for Non-Smokers
£100,000 Life Insurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Age 40 (n/s)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Age 50 (n/s)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Age 60 (n/s)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Age 70 (n/s)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Updated: $QUOTEDATE$ (Source:

Husband £100,000 Single Life Insurance Rates for Smokers (that’s if you’ve used tobacco or e-cigarettes within the last 12 months)
£100,000 Life Insurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Updated: $QUOTEDATE$ (Source:

Policy Types

Level Term Life Insurance

Level term life insurance provides a fixed pay-out on death if death occurs within a fixed number of years that you select at outset. For example if you are 35 and you buy a 20 year £100,000 policy, then should you die between the ages of 35 and 55 the life insurance will payout £100,000. If you die aged 56 then nothing would be paid as the policy would have expired.

As you become more likely to die with age, the longer the term of the policy, the older you are when the policy finishes, the more likely the insurer might be to pay-out and hence the higher the premium.

Term life insurance has a very real chance that it will not pay-out, which means (good news) you’re unlikely to die during the term.

Whole of Life Insurance

Whole of life insurance means that once the policy starts (at a fixed premium forever), you carry on paying the premiums until either you decide you don’t need the insurance any more or you die. The insurance can never be withdrawn by the insurance company no matter how old you are.

Interestingly the oldest person yet to have lived died aged 122 years. Had they had a whole of life insurance it would then have paid out, (unlike a term life insurance).

Uses of Term vs. Whole of Life Insurance

Term life insurance is usually used to insurance shorter term risks which can include loans and mortgages which should be repaid immediately on death. Term insurance is also used to protect children who (in theory) become independent adults eventually and less reliant on Mum and Dad for emotional and financial support. In the same way term insurance is used to protect maintenance payments to divorced couples where children are being supported.

Whole of life insurance is used where the primary motive is to protect a partner for life which includes your wife or husband. Secondary uses of whole of life are for estate protection where there is a possibility of inheritance tax becoming due.

Life Cover For Dads

In summary there is no substitute for obtaining a personal quote which will be based on your own date of birth and using today’s most up to date rates from a wide panel of the UK’s top insurers.