Best Insurance launches life product with Shepherds Friendly

Single life decreasing or level term product

Jaskeet Briah
clock • 2 min read

Provider, Best Insurance, has launched a life insurance product that has been developed with mutual insurer, Shepherds Friendly.

The product is available on a single life decreasing or level term basis for UK residents aged between 18-60, providing a maximum lump sum of up to £500,000 on death or to those diagnosed with a terminal illness during the term of the policy. There is a minimum term of five years for this product and a maximum of 40 years, with the policy covering applicants up to the age of 70. However, all applications must be received before a customer's 61st birthday. While the minimum payout across all policies is £10,000, the maximum amounts available are graded according to the age at which the...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

 Misrepresentation and non-disclosure top reasons for denied claims: LV=

Misrepresentation and non-disclosure top reasons for denied claims: LV=

2025 claims statistics published

Jaskeet Briah
clock 15 July 2026 • 3 min read
L&G adds manager toolkit to cancer support services

L&G adds manager toolkit to cancer support services

Tailored guidance and best practice

Jaskeet Briah
clock 08 July 2026 • 3 min read
British Friendly appoints two non-exec directors

British Friendly appoints two non-exec directors

Nicki Webber and Simon Lodge join

Jaskeet Briah
clock 07 July 2026 • 1 min read