Head of Content
Mortgage Advisor & Director
About RSA
RSA are a provider we often refer our customers to if they need protection insurance. They are a reputable firm in this space and we are proud to work with them.
Although we have found that RSA’s protection insurance deals are generally competitive with the rest of the market, we will only place a client with them if they are the ideal provider for their needs and circumstances, having compared every alternative.
If you are wondering whether RSA is the right choice for your life insurance, critical illness cover or income protection, get in touch and we will review this for you.
Get a bespoke protection quote today
Use our free service to access bespoke quotes and a market comparison from a protection insurance specialist today.
We will compare RSA insurance deals against the entire market to help you find your ideal insurance coverage without the stress.
To get started, fill in our quick online form below and one of our expert protection advisers with be in touch today!
What type of protection insurance does RSA offer?
RSA’s protection insurance range is dominated by life insurance products that pay out a lump sum to named beneficiaries if you pass away during the course of the term.
Types of life insurance available from RSA include:
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Policies combined with other types of protection insurance
In addition to offering life insurance, we can also advise you on whether RSA is the best option if you need other types of protection insurance, including critical illness cover (CiC) and income protection, which can be taken out alongside a life insurance policy.
How does RSA protection insurance work?
The way it works depends on the type of protection insurance you take out with RSA. Below we have broken down how each policy type functions:
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Life insurance: You pay a monthly premium to RSA and in return will receive a lump sum for a named beneficiary if you die during the term.
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Whole-of-life insurance: Policies that provide long-term life life insurance cover.
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Critical illness cover: Pays out a lump sum to you if you are diagnosed with a serious illness that is covered by the policy during the term.
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Income protection: Pays out a monthly sum for a set period if you are unable to work due to illness or injury. Some policies also cover redundancy.
Through our advisers you can enquire about life insurance, critical illness cover or income protection (as well as combined plans) with RSA. We will compare this provider’s deals with the rest of the market to ensure you find the protection you need.
How much does it cost?
The cost of life insurance, critical illness cover or income protection with RSA will depend on the monthly premium they offer you. This will be determined by these factors:
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How much cover you need: Premiums tend to increase for higher cover amounts.
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Policy length: Longer plans cost more than shorter ones.
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Policy type: Some types of policy, such as whole-of-life insurance or combined plans that merge life cover with CiC or income protection may cost more.
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Your health: Having pre-existing conditions often means that RSA will charge more for your life insurance or other protection insurance.
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Lifestyle: Risk factors including drinking, smoking, working in a dangerous job or having extreme hobbies are all variables that can drive up premiums.
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Age: RSA charges higher premiums for older policyholders as they are more likely to pass away or become ill during the term of the agreement.
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Other factors: RSA may also review your family history to check whether serious illnesses are prevalent, and the applicant’s gender can come into play too, since women tend to live longer than men, on average
Typical exclusions
A RSA life insurance policy won’t pay out under the following circumstances:
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Stop paying your premiums
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Die outside of the specified term
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Die as a result of suicide or self-inflicted injury in the first 12 months
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Provided false information during the application process
The same is true for critical illness cover and income protection plans, with the added exclusion for self-inflicted injuries or injuries that were the result of criminal activity. Certain medical conditions may also not be covered, stated in your coverage plan.
Do you need an adviser to apply for protection insurance with RSA?
While not a legal requirement, it is highly recommended that you speak to an independent protection insurance adviser before applying for life insurance, critical illness cover or income protection with RSA, or any other insurance provider, for that matter.
Approaching an insurer directly is not recommended as this would mean restricting yourself to just one range of products. Consulting with an insurance broker first would give you an overview of the entire market, so you can be 100% sure you’re getting the right cover.
What’s more, independent insurance advisers often have access to exclusive deals from providers like RSA, so it’s always in your interest to seek their guidance.
At Teito, our protection insurance experts always kick things off with a free, no-obligation chat, so it costs nothing upfront to talk to them about RSA’s product range.
Are RSA a good protection insurance provider?
‘Good’ in this context is relative. While RSA have a solid reputation in the protection insurance space, no insurer can claim to be the right option for everyone.
You can get an idea of how other customers have rated them by consulting leading review aggregation services such as TrustPilot, but an insurance broker can give you a better idea.
Our advisers will conduct a thorough assessment to establish just how well equipped RSA are meeting your protection insurance needs. Their impartial analysis will tell you whether you’re likely to have a better experience and a more suitable deal elsewhere.
How to apply for protection insurance with RSA
Going direct to RSA is not the best option as this will limit you to just one product range and put you at risk of missing out on the possibility of a better deal elsewhere.
The best way to apply for RSA’s protection insurance products is through an independent broker. They will compare what they would offer you with every alternative so you can find out for certain whether RSA are the right insurer for you.
Here are some of the other reasons why using a one of our insurance brokers is a better alternative to going direct to RSA:
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Our advisers have access to exclusive insurance deals
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They will work out the exact amount of cover and policy type you need
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They will help you with all of your paperwork
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Our advisers can also help with other types of finance, such as mortgages
Ready to explore RSA’s protection insurance product range with an expert and see how it compares to the alternatives? Get started with your broker here.
FAQs
Many of RSA’s protection insurance products can be used to help mortgage holders out financially if the worst should happen. This includes their life insurance products, which can be taken out with a decreasing term length that’s in line with a mortgage they hold jointly with their beneficiary, allowing them to settle the outstanding debt with the payout.
If you are a mortgage holder looking for protection in the event of illness, injury or the death of a person named on the deeds, speak to a broker to explore every possible option.