Skip to content

Virgin Money life insurance

Compare quotes for Virgin Money life insurance today

Compare quotes for Virgin Money life insurance today

Why get life insurance from Virgin Money?

Virgin Money offers life insurance that suits your needs. Whether you’re looking to leave behind a money gift or provide financial security for your loved ones, they have a policy for you. As well as life insurance, they also provide critical illness cover.

How to contact Virgin Money

Virgin Money customers whose policy started on or after 23 May 2017 can call 0800 294 7575.

Lines are open Monday to Friday 8am-8pm and Saturday 9am-5pm.

If your policy started before 23 May 2017, you’ll need to find the correct phone number here.

What types of life insurance can I get with Virgin Money?

Virgin Money offers three different types of life insurance products:

Level-term life insurance A level-term policy covers you for a fixed amount throughout the policy term.
Decreasing-term life insurance

A decreasing-term policy’s payout lessens over time. They’re often used to track alongside a repayment mortgage.

Because of this, decreasing-term life insurance is often cheaper than level-term cover.

Joint life insurance Joint life insurance covers two people on the same policy. However, it only pays out once. This means the surviving partner is no longer covered.

What optional extras are available?

With Virgin Money life insurance, you can add critical illness cover as a policy extra.

Critical illness cover provides financial protection against a number of serious illnesses that are listed on your policy. A critical illness cover payout could be used to cover lost income, as a result of being unable to work, or to cover the cost of making necessary changes to your home.

Why compare life insurance with Compare the Market?

Our life insurance comparison service is quick and easy to use. Just pop in some details about yourself and we'll compare life insurance quotes from dozens of life insurance providers.

Get a quote in just 4 minutes[1]

Rated Excellent on Trustpilot[2]

Tailor your quote. Our questions will help match polices to your needs.

[1] Correct as of September 2024.

[2] As of October 1st 2024, Compare the Market had an average rating of 4.8 out of 5 from 52,401 people who left a review on Trustpilot. The score 4.8 corresponds to the Star Label ‘Excellent’. Find out more.

What Defaqto star ratings do Virgin Money insurance policies get?

Virgin Money’s overall life insurance offering is rated five stars by Defaqto.

The Defaqto rating system only scores products based on their range of features. Price is not considered and so shouldn’t be used to indicate value.

Frequently asked questions

Can I cancel a policy with Virgin Money?

Yes, you can cancel your Virgin Money life insurance policy. You can do this by calling 0800 294 7575.

Please note: your policy has no cash value when you cancel.

Who underwrites policies from Virgin Money?

Virgin Money’s life insurance policies are underwritten by Family Assurance Friendly Society Limited, a customer-owned financial services company that provides products and services to over two million customers to help families thrive.

What additional benefits are available from this provider?

When you take out Virgin Money life insurance, you’ll receive access to a free simple will writing service. 

Their partnered specialists will be able to support you in writing your will, ensuring it’s fit for purpose and avoids complications for your loved ones at an already difficult time.