Is More Than The Best Life Insurance Policy?

antoine fruchard Antoine Fruchard  updated on July 29, 2020

This is the ultimate review to guide you through the ins and outs of More Than life insurance. You might already know that More Than has several different contract options. 

Some are great. Some are less useful. Some are simply too expensive.

So, if you want to get better value for money from your insurance contract, as well as indicative quotes and tips to lower your insurance premium, then you’ll probably love the following article.

Let’s dive right in!

Is More Than the best life insurance for you?

When taking out life insurance, there are so many things to think about. Life insurance is one of the most important insurance plans to have, as it is the best way to protect your loved ones if something happens to you. 

More Than life insurance has a lot to offer. Here are the main points that you should look at before taking out life insurance with More Than. 

3 Safe overall rating for More Than

Rating CriteriaSafe RatingOur Review
Customer service satisfaction, claims and support

4.3 rating on Defaqto
Little or no information about life insurance on the website
Policy documents cannot be accessed

Coverage options

Level term and decreasing cover are provided
Both single and joint insurance policies are available
Critical illness cover for children is provided at no extra charge
Whole life cover is not provided

Value for money

No mention of discounts or gift cards on the website
No mention of the payable amount

Financial strength

More Than is part of the RSA Group

Apps and technologies

Quotes can be gotten online
There is an email form that can be filled out online for complaints and enquiries and also claims
Little or no information is available on the website
Policy documents are not available
No life chat option

Safe rating for More Than Life insurance

Expert and customer satisfaction reviews for More Than

Review organisationConsumer satisfaction rates for More Than Life insurance
Trustpilot4.3/5 based on ‎10 410 reviews
DefaqtoNot available
Experts rating for More Than

More Than insurance in a nutshell

In summary, here are the main features you need to know when taking out life insurance with More Than. 

CriteriaMore Than details
Minimum ageNot stated
Maximum age Not stated
Pay-outNot stated
Life insurance with free giftsNot stated
Extras

Not stated

Terminal illnessNot stated
More Than life insurance in a nutshell

What are More Than life insurance policy types?

When choosing life insurance, you have to make a lot of important decisions. You have to choose between different policy types to find which one would best cover your needs. As the first big choice, you have to choose between: 

  • Term life insurance. Term insurance splits into two types: level term or decreasing insurance. If you choose a term insurance, once again you would have to choose between these two. Sometimes, there is an increasing term insurance option. 
  • Whole of life insurance. This insurance will pay out when the policyholders die. Not all insurers offer this type of coverage. 

What is More Than term life insurance? 

There are two term life insurance options:

  • Level cover guarantees that your loved ones get a payment if you die during a specific period of time. You will receive the same amount during a fixed period. Life insurance can be for 5,10, 20 years, etc., depending on your needs. 
  • Decreasing cover guarantees that your loved ones get a payment if you die during a specific period of time. The amount decreases over the policy term. It is really useful if you have a loan, as the price tends to decline over time. You can choose an increasing cover as well.
CriteriaMore Than life insurance
Minimum termNot stated
Maximum termNot stated
Pay-outNot stated
Minimum monthly premium£3.64
Extras or any interesting facts 

Not stated

More Than term life insurance

Should you take level or decreasing term life insurance?

More Than offers two types of term life insurance: one is level life insurance, the other one is decreasing life insurance. 

CriteriaProvider Details
More Than term life insurance (level)
  • More than provides term life insurance
  • A lump sum is paid if the policyholder dies during the policy term
  • Once the premiums are fixed, they stay the same for the duration of the insurance policy
  • Single or joint policies can be gotten
More Than decreasing term life insurance, also known as life insurance for mortgage
  • The Decreasing Cover provided by More Than is designed to cover the reducing amount owed on a capital and interest repayment mortgage
  • After the death of the policyholder, the family members do not have to worry about paying off the mortgage.
Level or decreasing life insurance

Some providers also propose increasing life insurance, which is a similar concept as decreasing life insurance, but with the premiums getting higher rather than lower.

Can you take out More Than life insurance plan with someone else?

Yes, you can either have a single or a joint policy at More Than.

Taking out a joint policy covers two people that are together under the same policy. In the end, it is cheaper than two single policies. It covers both of your contributions to the family. It only pays out once, and the sum will be given to the other partner if one dies. It leaves the surviving member of the couple without life insurance after the death of the first partner. 

Taking out a single policy pays for one person only. It pays out the amount chosen. Taking out two policies is more expensive, but you can choose the level you want, and it’s beneficial if the two partners don’t need to be insured at the same level. 

 What are More Than life insurance extras? 

You can add these extras at additional cost to your More Than life insurance: 

Details Reviews
Quote online

It is possible to get a life insurance quote online

Discounts if you choose other More Than insurance product

15% off additional selected policies: car, travel, home.

More Than life insurance extras

Should you take out More Than life insurance critical illness cover?

What is critical illness cover? 

It is an extra that can be added to your policy, or can be combined with your standard life insurance. It pays out if you contract a disease. The illness developed must be specified in your policy contract. The most common illnesses covered are cancer and heart attacks, etc. If you become really ill, your insurance will pay out exactly as if you’ve passed away. 

Is More Than the best critical illness cover? 

Here are the main features when you take out More Than life insurance with serious illness:

CriteriaOverall life insurance and critical illness cover
Coverage

-The cover is stopped after a critical illness claim has been paid

  • Cover is provided for any illness specifies in the policy
Children’s Cover
  • Cover for children is provided at no extra charge
What should you know about More Than critical illness cover?
More Than life insurance

How much is More Than life insurance?

The big question is knowing how much life insurance you’ll need. Your answer to this question (as well as your age) will mainly determine the price of your life insurance:

However, your life insurance price will also depend on several factors: 

  • Your medical conditions
  • Whether or not you are a smoker 
  • Which add-ons you add to your life insurance 
  • Your salary
  • The coverage you want
  • Whether you take out a joint policy or not 

So you must ask yourself the relevant questions for your own situation, for example: Do you have a loan? Do you have savings? Do you have debts? Do you have a family? Does your job offer protection? 

How to contact More Than life insurance?

Here are all the important phone numbers for contacting More Than life insurance: 

ServicePhone NumbersOpening Hours 
Get a quote at More Than0800 587 2653Monday to Friday 9am to 5pm
How to claim at More Than01243 819201Monday to Friday 9am to 5pm
How to cancel at More Than

Not available

Not available
More Than phone numbers

What are More Than general contact details? 

You will find in this table all the general contacts that you would need if you want to reach More Than life insurance: 

General contacts
Mailing address

More Than Insurance
St Marks Court
RH12 1XL
Horsham
United Kingdom

Social media 

Facebook, Twitter, YouTube

Chatbot

No

More Than general contacts

How to claim at More Than life insurance? 

You will find on this table the different possibilities for reporting a claim on your More Than life insurance: 

How to claim on your life insurance at More Than?
When to claim?

Claims should be made as soon as possible.

Claim by mail

More Than Customer Relations Team
PO Box 255
Wymondham
NR18 8DP

Claim by emailA mail form is available on the website on [this link](https://www.morethan.com/contact-us/life/)
Claim online

Not available

Claim by phone01243 819201
Claim at More Than life insurance

How to cancel my More Than life insurance? 

You will find on this table the different ways to cancel your More Than life insurance: 

How to cancel your life insurance at More Than
Fees
  • If the insurance policy is cancelled within 30 days, the premium paid would be refunded fully
  • If the insurance policy is cancelled after 30 days, no refunds would be made
Cancel by mail

More Than Customer Relations Team
PO Box 255
Wynmondham
NR18 8DP

Cancel by email

A mail form is available on the website on this link

Cancel onlineNot Available
Cancel by phone

Not Available

How to cancel my More Than life insurance?

How do I get More Than life insurance quotes? 

Here are the different ways to get a life insurance quote at More Than: 

How to get a life insurance quote at More Than
Quote online

Quotes can be gotten online via online forms. Click on the contact option for life insurance and the "Start my quote online" button

Quote phone0800 587 2653
Get a quote at More Than

How do I log into More Than life insurance?

There is no Login option available however there is an "Existing customer"option on the website’s homepage.

Do we recommend More Than life insurance?

MORE THAN was launched in June 2001 with the aim to bring a new, modern perspective to insurance and offer affordable services to potential policyholders. Level term and decreasing cover are offered as well as Critical illness cover with a provision for children. More than has a 4.3 rating on Defaqto and this would attest to their reliability in terms of customer service. For the life insurance however, little or no information is provided on the website and as such, no concrete decisions as relating to recommendations can be taken. A potential policyholder can call their customer care line for more details concerning this service.

What is life insurance? 

Life insurance is a contract between an insurance company and the policyholder. In exchange for an annual or monthly premium, the insurance company agrees to give out to a designated beneficiary a lump sum if the policyholder were to pass away. 

How does life insurance work in the UK?

Like with other types of insurance, it is a standard procedure: the policyholder pays a premium to a provider, with an agreed level of cover. 

Is life insurance worth getting?

Yes, it is worth getting life insurance when people depend on you financially, like your family.

What are the best life insurance with free gifts?

Lots of life insurance providers offer free gifts: 
– Royal London
– Legal & General
– Aviva
– Shepherds Friendly 
– OneFamily 
– British Seniors Insurance Agency

How much is life insurance in the UK? 

How much life insurance in the UK is depends on a lot of factors. However, with our data, we calculate that the average monthly cost of life insurance is £15. Of course, the price will depend on whether you take out joint or single life insurance, and the term of your insurance if you are not taking out  a whole life insurance policy. 

What is the best life insurance in UK?

There are lot of life insurance policy that have interesting features. Depending on these features, you can decide if this life insurance suits you. 
To find what is the best life insurance for you, use our tool to compare prices and offers from all the insurers on the market instantly.