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Funeral Protection Promis

Plan Details

The Funeral Protection Promis is a life insurance plan designed to pay out fast in order to help with funeral and other final expenses and bills that may arise at that time. You pay a monthly insurance premium for your chosen amount of cover, which is paid out upon death according to the Terms and Conditions of the policy. The claim is paid to a family member, any surviving policyowner or to your Estate. The Funeral Protection Promis is not a Pre-paid Funeral or a Funeral Plan, and is not associated with any Funeral Director.

How does the Funeral Protection Promis work?

Because everyone’s different, we have designed the Plan with many options.

  • You can choose a level of cover that suits you and that is affordable for you, from as little as £1,000 up to as much as £20,000. To make sure the Funeral Protection Promis is affordable, you can select the level of cover and options to suit your budget. As an example, a 55 old can take out £3,025 cover from just £1.81 per week (paid monthly) on an Increasing Premium Plan with a 12 month Accidental Death Period, that’s starting at less than 26p per day!
  • You can choose to cover yourself or any adult family member whose funeral costs you are likely to be responsible for. There are no medicals or even any health questions. So you are guaranteed acceptance as long as you are a UK resident between the ages of 30 – 79.
  • You have 30 days to change your mind. If you take out a Funeral Protection Promis and you are not 100% happy with your decision, you can cancel your Plan anytime within the first 30 days and we will refund you any premiums you have paid (as long as no claim has been made) and your cover will end. This is your 30 day money back guarantee.
  • You can choose from different premium types (Level or Increasing) - see below for more details on the different premium types and what they mean.
  • You can choose the Accidental Death Period (12 or 24 months), and whether or not to add Inflation Fighter. More details on these product options can be found below.
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Important Information: The cover amount you choose, even with Inflation Fighter, could be less than the cost of a funeral. Premiums are payable until age 90 and may be more than your cover amount depending on how long you live.

Premium types: Level or Increasing

We have two different options for premiums: one where your premiums are guaranteed never to increase (called Level Premium); the other option is lower premiums at the start but the premiums increase as you grow older (called Increasing Premium).

Example monthly premiums for a 60 year old with a 12 month Accidental Death Period.

Without Inflation Fighter
Example: Age 60 Year 1 Year 5 ... Year 10 ... Year 15 ... Year 20
Cover amount £3,500 £3,500 ... £3,500 ... £3,500 ... £3,500
Level Premium (per month) £18.52 £18.52 ... £18.52 ... £18.52 ... £18.52
Increasing Premium (per month) £12.04 £13.54 ... £15.70 ... £18.20 ... £21.10
With Inflation Fighter
Example: Age 60 Year 1 Year 5 ... Year 10 ... Year 15 ... Year 20
Cover amount £3,500 £3,939 ... £4,566 ... £5,294 ... £6,137
Level Premium (per month) £18.52 £22.08 ... £27.50 ... £34.27 ... £42.70
Increasing Premium (per month) £12.04 £16.07 ... £23.08 ... £33.13 ... £47.56

Premiums quoted are correct as of 01/08/2019. Cover amounts do not show pence. The premium you pay will be based on factors such as your age, the amount of cover and premium type you choose, the Accidental Death Period and whether you opt for the Inflation Fighter. The addition of Inflation Fighter does not guarantee that the amount paid at claim will be enough to cover your funeral or other expenses.

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What is Inflation Fighter?

Over time, the cost of things rise due to inflation. If you want to use your cover towards funeral expenses it is worth noting funeral costs are no different. If your amount of cover remains fixed, it may not meet the cost of a funeral or other expenses in the future. So we offer an optional “Inflation Fighter” feature to help protect your cover amount against the rising cost of funerals or other expenses.

If selected, Inflation Fighter increases your amount of cover by a fixed 3% each year until you reach age 90.

If you have chosen Level Premiums and Inflation Fighter, your premium will increase by 4.5% each year because you are getting more cover each year. If you have chosen Increasing Premiums and Inflation Fighter, your premium will increase by 7.5% each year.

If you would like a premium that remains level and never goes up, you should choose Level Premium without Inflation Fighter.

Please bear in mind that the cover amount you choose could be less than the future cost of a funeral even with the Inflation Fighter option added to your plan.

Accidental Death Period

You will be covered for Accidental Death only from day 1, and any cause of death after 12 months or 24 months (depending on the Accidental Death Period you have chosen). As long as you pay premiums when due this cover continues for your whole life because no matter how long we live, eventually we all need a funeral. Premiums are payable only until age 90, at which time cover continues with no more to pay.

If you do die in an accident at any time while your cover is in place we will double the payout. This helps, as there is no time to prepare emotionally or financially in the event of an unexpected Accidental Death.

If you do pass away from a non-Accidental Death during the Accidental Death Period, your loved ones will receive a full refund of all premiums paid.

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We have gathered the answers to our FAQ about the Funeral Protection Promis.


The Funeral Protection Promis, the Over 50s Life Insurance Promis and the Life Insurance Promis are administered and underwritten by iptiQ Life S.A. UK Branch registered in England and Wales. Registration No: BR017015. Registered Office: 30 St Mary Axe, London EC3A 8EP. iptiQ Life S.A. is a public limited company (Société Anonyme) incorporated and registered in Luxembourg. Registered Office: 2, rue Edward Steichen, L-2540 Luxembourg. Grand-Duchy of Luxembourg. R.C.S. Luxembourg B 184281. Authorised and regulated by Le Commissariat aux Assurances. Deemed authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. 

Promis Life © 2018. Funeral Protection Promis, Over 50s Life Insurance Promis and Life Insurance Promis are promoted by Global Life Distribution (UK) Limited trading as Promis Life, authorised and regulated by the Financial Conduct Authority number 629767. Registered office: The St Botolph Building, 138 Houndsditch, London EC3A 7AR

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