About Teachers Life Assurance

Based in Bournemouth, Teachers Life was started in 1877 as a friendly society by the National Union of Teachers to provide financial assistance to the members of the education profession. Currently Teachers Life handles over a thousand million pounds of customer's money which emphasises their growth as a well organized and respected financial assistance unit. As its a mutual organization, Teachers Life invests all the profits in the service of the customers who purchase products through them.

Teachers Life provides a comprehensive range of financial products which include mortgage protection, life cover with critical illness, income protection and level term assurance.

The life insurance policy offered by Teachers Life include two variants which are term lump sum and income benefit. The term lump sum option provides cover for a definite period and if the assured dies within the time frame then a lump sum amount is paid to the family. The income benefit policy pays a regular income to the family at the death of the assured.

Teachers Life also offers the facility to compare the policy rates with other major insurance providers on their web site which allows the customer to get the best deal in the market without having to leave his home.