Life Insurance With Free Gift 2023

There’s a lot to consider when looking to take out a new insurance policy. You’ll go through pages and pages of quotes, insurance types, coverage levels, and prices. After a while, it can all be too overwhelming. So, while you take a breather, we’ve put together a list below showcasing the best free welcome gifts offered by insurance companies when you sign up for a new policy.

Zurich Life Insurance: Up to £100 in Amazon, Love2Shop, and John Lewis vouchers.

The Swiss insurance firm Zurich offers customers in the UK a range of insurance products. For signing up to a new policy, you are entitled to up to £100 in vouchers to spend on either Amazon, Love2Shop, or John Lewis. It’s your choice.

You only get your vouchers after paying your premium for six months. Coincidentally, your voucher value directly correlates to the total sum of your insurance payments in the first six months, rounded down to the nearest £5. The voucher value is capped at £100. For example:

• If your premium is £17 or over per month, your voucher value will be £100.
• If your premium is £12.50 per month, your voucher will total £75.
• If your premium is £5 per month, your voucher will total £30.

It’s worth noting that you won’t be eligible to receive a Zurich welcome gift voucher if you purchase your policy through a price comparison site or cashback service. You must do it directly through Zurich.

Key Points:

• You must use the code ‘ZOFFERS100’ to claim the vouchers.
• Vouchers will only be sent after the 6th premium payment.
• Amazon and John Lewis vouchers can only be used in those stores, respectively, whilst the Love2Shop voucher can be used at various retailers.

Review the rewards on the company website here. To discuss gift vouchers with Zurich, get in touch with their team on 0800 096 6233.

Smart Insurance: £100 Amazon Gift Voucher.

Smart Insurance is an award-winning life insurance provider in the UK. They offer a selection of policies to meet various needs and run a gift card reward for taking out a new policy.

The reward is a £100 Amazon gift card to be used as you please. Note that there is currently no expiration date on this offer, but the company does reserve the right to revoke it at any time.

You receive the gift card via post when you’ve made the first six-monthly premium payments and when the value of your payments exceed the value of the gift card. It’s worth knowing that the promotion is only available to customers that take out the company’s Smart Insurance Family Life policy and not its Smart Guaranteed Life Insurance policy.

Key Points:

• Available after the first six premium payments, which must also exceed the £100 value of the gift card.
• Only available to customers that buy a Smart Insurance Family Life policy.
• Only one gift card is available per policy. So you won’t get two if you opt for a joint-life policy with your partner.
• Gift cards are only available on policies bought directly through Smart Insurance.
• Promotion is not applicable if you take out a policy with other Smart Insurance gifts or offers.

Review the gift promotion here. To discuss the gift card promotion in detail, contact the Smart Insurance team on 0800 458 6901.

Royal Bank of Scotland/AIG: Argos e-Gift Voucher, Fitbit Inspire 2, or Nutribullet 1000.

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The life insurance policies offered by the Royal Bank of Scotland are handled on behalf of AIG. The free welcome rewards are available to customers that buy an AIG Limited Life Insurance policy, a Guaranteed Sixty-Plus Life Insurance policy, or a Critical 3 with Life Insurance policy.

The reward becomes available after you’ve paid for the first six months of your policy. When you’re notified, you have up to six months to redeem your reward.

Note that the promotion is only running between 19 April 2021 and 26 November 2021, so be sure to hurry to get a fantastic deal.

Key Points:

• Only available after making the first six policy payments.
• Rewards available consist of an Argos e-Gift Voucher worth £75, a Fitbit Inspire 2 smartwatch, and a Nutribullet 1000 blender.
• The gifts are limited to one per household.
• There’s no cash alternative.
• The promotion is only valid until 26 November 2021.

Check out the rewards in detail here. The promotion is handled by MLP, which can be contacted on 01565 656 387.

Direct Line: Amazon Gift Card, M&S e-Gift Voucher, Love2Shop Code.

Direct Line is a popular UK insurance firm offering a range of life insurance products. For customers buying a new Direct Line Term Life Insurance policy, the firm offers a selection of great gifts.

Note that the policy has to be bought directly from the company, online or via the phone, and not from a price comparison site or cashback service. The gift only becomes valid after you’ve had your policy for at least six months.

The value of the gifts will depend on how much your premium is. If you pay between £5 and £10 per month, the gift value will total £30. This rises to £180 if you spend over £30.01 per month on your policy.

Key Points:

• Only available to customers that buy a policy through Direct Line
• The reward must be redeemed within six months of being issued
• Gifts include an Amazon Gift Card, a Love2Shop code, and an M&S e-Gift Voucher.
• Offer limited to one household.

Visit the company site here to see rewards. The promotion is handled by MLP, who can be contacted on 01565 656 144.

Co-op: Family Day Out, Night Away For Two Including Breakfast.

The Co-operative Group (Co-op) offers fantastic gift alternatives compared with other insurance companies. New Co-op customers purchasing a Co-op Life Cover policy are eligible for either a family day out or a night away for two.

The promotion is only valid until 31 December 2021. You can only redeem your gift after having the policy for at least four months. After which you must decide which gift you want within 30 days.

Note that the promotion is only valid for policies purchased through the Co-op directly and not via a price comparison site or cashback service.

Key Points:

• It is limited to one reward per policy.
• The reward cannot be exchanged for cash.
• Family day out is limited to two adults and two children, whilst the night away, including breakfast, is limited to two adults.
• Promotion ends 31 December 2021

Review this offer on the company site here. The promotion is run by MLP, which can be contacted on 01565 656 144.

Royal London: £100 Cash Cheque, £100 Argos or M&S Gift Card, £100 Argos or M&S e-Gift Voucher.

The Royal London Mutual Insurance Society Limited (Royal London) firm offers new customers who buy their first Essential Over 50s life insurance policy a range of welcome gifts.

Customers can choose from a £100 cheque, a £100 physical gift card for either Argos or M&S, and a £100 e-gift voucher for either Argos or M&S. Note that this offer can only be redeemed once you’ve made the first eight premium payments on your policy.

The promotion ends on 17 December 2021. However, the company reserves the right to withdraw the offer at any time.

Key Points:

• Only available to new customers who buy an Essential Over 50s life insurance policy.
• It can only be redeemed after eight months.
• Offer limited to one per policy and two per household.
• The promotion ends on 17 December 2021.

Check the promotion in detail here. Contact a member of the company to discuss the free gifts in detail on 0345 602 1885.

Sun Life: £120 Free Love2Shop Welcome Gift Card.

If you’re looking for over 50s insurance, the UK firm Sun Life is offering a free Love2Shop gift card worth £120. The money can be spent at various brands, including Boots, American Golf, Argos, M&S, Shoe Zone, Matalan, Currys, Edinburgh Woolen Mill, and Barclays Diamonds.

Note that the company can limit the number of gifts per customer. The offer can only be redeemed after the first six months of your policy.

Key Points:

• £120 Love2Shop Gift Card.
• Available to customers that buy an Over 50s Life Insurance policy.
• Available after the first six months of the policy.
• No end date provided.

See the offer here. If you’d like to discuss the promotion with Sun Life, contact their friendly team on 0800 904 7674.

Post Office: £50 Gift Card or e-Gift Card for M&S, Amazon, or Argos.

Post Office offers new customers who buy either its Post Office Money Life Insurance or Post Office Money Easy Life Insurance policies a £50 Gift Card/e-Gift Card for M&S, Amazon, or Argos.

To redeem the offer, you must have held your policy for at least 180 days, after which the company will contact you. The promotion is open to anyone between 18 and 70-years old when buying the Money Life Insurance and 18 to 50-years old when buying the Money Easy Life Insurance policy.

Note that this offer cannot be used with other offers or promotions you may have received for your Post Office policy. Also, each offer is only available for one person, so you won’t be able to get two gift cards if you’re buying a joint policy.

Key Points:

• Available after holding your policy for at least 180 days.
• Offered to new customers that buy either a Post Office Money Life Insurance policy or a Post Office Money Easy Life Insurance policy.
• Each offer is limited to one person and can’t be used with other offers or promotions you might have.

View the promotion in detail here.

Churchill: M&S, Tesco, or Amazon e-Gift Card Worth Up To £180.

UK insurance firm Churchill Insurance (Churchill), famous for its bulldog mascot, is offering new customers that buy one of its Churchill Term Life Insurance policies an e-Gift card worth up to £180 to be used with either M&S, Tesco, or Amazon.

Note that the value of the gift depends on how much premium you pay. For example:

• If you pay between £4 and £10, your e-Gift Card will be worth £35.
• If you pay between £10.01 and £20, your e-Gift Card will be worth £60.
• If you spend over £30.01, your e-Gift card will reach the max value of £180.

The promotion is valid for any new policy bought after 22 July 2019. You may qualify for the gift offer once you’ve held your life insurance policy for at least six months. The offer is limited to one per household, whilst customers who bought a policy via a cashback site will not be eligible.

Key Points:

• Offer includes up to £180 e-Gift Cards for M&S, Tesco, and Amazon.
• Offer can be redeemed after six months.
• The offer is limited to one household.

To view the offer in detail, visit the company site here. The promotion is handled by MLP, who can be contacted here at 01565 656 144.

Beagle Street Life Insurance: e-Gift Card Worth Up To £100

British online life insurance firm Beagle Street, backed by Scottish Friendly, offers customers that take out a new Beagle Street life insurance policy an e-gift card worth up to £100. The value of the card directly correlates to the cost of your monthly premium:

• If you pay between £10 and £19.99, your gift card will be worth £50.
• If you pay between £20 and £29.99, your gift card will be worth £70.
• If you pay £30 and over, your gift card will be worth £100.

The card can be used at various retailers, including Amazon, M&S, B&Q, John Lewis, Tesco, and Just Eat. You should note that each has its own set of terms and conditions, which can be viewed here. To be eligible for the e-gift card, you need to have had your policy for at least six months and fully paid all six premiums before receiving the offer.

Key Points:

• There is only one gift available per policy. So if you’re entering a joint policy, you and your partner will only receive one gift card.
• The offer is valid from 12/07/2021 onwards, with no date given on when it will end. Note that the company has full rights to stop or withdraw the offer at any time.
• Only available to UK residents over 18 years of age.
• The value of the gift card depends on your monthly premium.
• Offer only valid for new life insurance policies purchased directly through the Beagle Street website. So make sure to check before taking out a policy through a third-party company.

You can review the rewards and terms and conditions of the offer here. To discuss the gift with Beagle Street, get in touch with their team on 0800 0480 480.

Compare the Market Life Insurance: Amazon Gift Card Worth Up To £195

If you’re on the market for a new life insurance policy and are looking for a third-party company to land a better deal, you should know that Compare the Market offers new customers an Amazon gift card worth up to £195. The offer is available to anyone that has purchased or is going to purchase a new life insurance policy through Compare the Market after 1 January 2021.

The value of the gift card will depend on your monthly premium and the company you choose:

• If you choose Legal and General or Beagle Street and your monthly premium totals between £0 and £10, £10.01 and £20, or £20.01 and £30, the value of your gift card will be £30, £60, and £95 respectively. There are differences in the value between both companies if your monthly premium exceeds £30 per month, with Beagle Street offering up to £195 per month if your monthly premium is over £50.01. In contrast, Legal and General offers £185.
• If you choose any other life insurance provider through Compare the Market, your gift will be worth £25 if your premium totals between £0 and £10, £50 if between £10.01 and £20, and £150 if over £50.01.

You can view the gift card values in detail here, including further information on the offer itself.

Key Points:

• The offer is only available to UK residents over 18 years old.
• Only one gift is available per applicant.
• The offer is only valid after holding the policy for at least three months. This is an improvement on the industry standard of six months.
• Only available with life insurance policies purchased directly through Compare the Market online.
• Available to anyone that’s taken out a policy from 1 January 2021 onwards.

You can view the company’s life insurance services here. You can contact Compare the Market regarding the gift card on 01565 656 487 or via email on .

Virgin Money Life Insurance: Gift Voucher Worth Up To £100 – Amazon, Love2Shop, Tesco, prepaid Mastercard, and M&S.

UK firm Virgin offers new customers who take out a life insurance policy a gift voucher worth £100. For the offer to be valid, the policy must be bought directly from the company site and won’t apply to third-party price comparison or cashback services. The value of the voucher depends on your monthly premium:

• If you pay between £5 and £19.99, your voucher will be worth £50.
• If you pay between £20 and £29.99, your voucher will be worth £75.
• If you spend over £30 per month, your voucher will be worth the complete £100.

Note that the offer is only valid after you’ve held the policy for at least six months and made all six payments. Each gift card has its own terms and conditions, which can be viewed here. The policy is only valid for new Virgin Money customers and UK residents over 18 years old.

Key Points:

• Only one voucher is available per customer.
• If you’re applying for a joint policy, only the first person named in the policy is entitled to a gift voucher.
• The offer is valid for all new customers from 8 June 2021 onwards. There’s no end date stipulated. However, the company has full rights to end the promotion at any time.
• Only valid for policies purchased directly through the company site.
• Your monthly premium must be at least £5.
• Offer not available if your policy was taken out with any other promotional offer.

You can view Virgin Money’s life insurance policies in detail here. If you’d like to discuss the gift voucher, contact Virgin’s team on 0800 294 7575.

Legal & General: £100 Free Gift Card For Either Amazon or M&S

UK financial services and asset management firm Legal & General offers customers that take out a new life insurance policy a gift card worth £100 to use with either Marks & Spencer or Amazon. The company does not stipulate whether the gift card’s value changes depending on how much your premium is.

Whether you get a level term or decreasing term life insurance policy, the gift is available, with or without critical illness cover. Note that the gift can only be redeemed after holding the policy for at least six months and making all six payments.

Key Points:

• Only one gift is available per policy.
• The gift cannot be redeemed with other offers from Legal & General.
• To be eligible, you must purchase your policy directly through the company. Policies taken through third-party sites, such as price comparison and cashback services, are not valid.
• The gift is not available if you’ve cancelled a life insurance policy with Legal & General in the past 18 months.
• The company does not offer a cash alternative.

Check the company’s life insurance products in detail here. To find out more about the free gift, contact Legal & General on 0808 291 3286.

Promis Life Insurance: £100 Love2Shop Free Gift Card

UK insurance firm Promis Life offers new customers that take out either a new Funeral Protection Promis policy or an Over 50s Life Insurance Promis policy a free gift card worth £100 to use with Love2Shop. Note that this gift is not available when taking out a Life Insurance Promis policy.

Love2Shop will give you access to over 90 retailers, including American Golf, Argos, M&S, Schuh, Wilko, and Peacocks. The promotion is valid from 1 January 2020 onwards, and there is currently no end date stated. The company does have the right to terminate the promotion at any moment, so check before taking out a policy.

Key Points:

• The gift is only valid if you purchase a policy directly through the company via phone or the official website. So, policies taken out through price comparison and cashback sites are not valid.
• If you take multiple policies, you’ll still only be eligible to receive one gift.
• The gift card will only be available after you’ve held the policy for at least six months and made all six payments. The company aims to send you the card within eight weeks of receiving the sixth payment.
• You might not be eligible to receive the gift card if you’ve previously purchased a Promis Life Insurance policy and cancelled.
• The gift card will not be replaced if stolen or lost.

You can view the company’s life insurance services in detail here. If you’d like to discuss the free gift in detail, contact Promis’ team on 0800 907 0796. Note that Promis does not offer an online quote service, so you’ll have to talk to a team member to discuss your requirements.

Free Gifts For Over 50s Life Insurance Policies

Many insurance providers offer free gifts that are specifically aimed at new customers taking out an Over 50s life insurance policy. At times, these gifts can be a little better than the ones offered with standard insurance policies. So make sure to check over 50s life insurance with best free gifts.

What Should You Consider in Addition To Free Gifts?

Free gifts are a fantastic incentive to sweeten the deal when taking out a new life insurance policy. However, as tempting as it may be to go for the highest value gift or the one that offers the most fun activities, you should always ensure that the policy provided meets your requirements first.

Generally, you want to get multiple quotes to compare prices and coverage. Insurance companies can be flexible, so the first quote you get won’t necessarily be the cheapest. If you fail to do this, you could end up paying more than you need or not getting the right coverage for you.

You should also be thorough when examining the policies offered by companies, as you could be in for a surprise if you were to make a claim and found that you missed a detail that wasn’t covered by your policy.

Remember, you should take advantage of the gifts. Just make sure the policy is right for you as well.

Life Insurance with Free Gift FAQ