Life insurance

Additional life insurance can help to give you the peace of mind that the people you love would receive a tax–free lump sum payment if you should die. You can include cover for your partner, and the salary deductions for your own cover are free of tax and NI.

Key points to consider

• How much would your partner and/or family need to pay off any outstanding debts if you were to die unexpectedly?
• Do you or your partner have life insurance already – and if so, would it cover your debts?
• Premiums for your own cover will be tax and national insurance free, but you will need to pay tax on contributions through P11D if you take out cover for your partner.
• To get cover you will need to agree to an online health declaration. There is a simplified declaration for cover up to £100,000.
• Premiums depend on your age, and the level of cover you choose. You can find the cost when you login.
• The premium will not change for one year, but will change if you move in to a new age band before the start of the next year of cover.
• You may already have free ‘death in service’ benefit with your Aviva staff pension – check out your pension entitlements if you're not sure.

Life insurance through my Aviva flex is a salary sacrifice arrangement*. Payments for partner cover are taxable using the P11D process.

Any lump–sum payable in the event of your death or that of your partner will be tax–free.

How it works

• We recommend you read all of the information available including the terms and conditions before selecting this benefit.
• Decide how much cover you need depending on your circumstances and make your selection on the selection page.
• You can select cover in units of £50,000 up to a maximum of £250,000. You cannot choose a higher level of cover for your partner than for yourself.
• You can only be covered once – if you select cover for yourself you cannot have partner cover if your partner is also eligible for my Aviva flex.
• Depending on the level of cover you select, you will either be required to confirm your regular attendance at work or agree to an online health declaration.
• If you want to purchase cover for your partner, you will need to download and print the health declaration form (PDF 68KB) for them to complete and return within 14 days to: my Aviva flex Administration, Aviva UK Health, Chilworth House, Hampshire Corporate Park, Templars Way, Eastleigh, Hampshire, SO53 3RY.
• If you stop the policy at any time there will be no cash–in value.
• If you've previously selected this benefit through my Aviva flex and you're happy with the amount of cover you don't need to do anything at annual enrolment, the benefit will simply continue as before, although the premium may change.

* If you choose to select Life insurance through my Aviva flex then you will do so under a salary sacrifice arrangement. This will result in a reduction in your contractual salary of the agreed amount in return for the provision of the agreed benefit by Aviva. Once selected, you will have no right to revisit your choice until:

• the next flex window, or
• you experience a qualifying life event as defined in the my Aviva flex scheme rules.

Please note that if you select Partner Life insurance, whilst the salary sacrifice reduces the amount paid in tax and NI deducted from you through PAYE, you will be taxed on the benefit in kind via the P11D process and this may be reflected in future PAYE coding notices issued by HMRC. Participating in salary sacrifice may also impact your entitlement to certain state benefits.

For general questions about this benefit, you can call the my Aviva flex helpline on 0800 917 2310.

• Download the life insurance terms and conditions (PDF 76KB)

What happens next?

• Login and select this benefit on the flex system during the annual selection window.
• If you select this benefit you will receive an email at the end of the enrolment period confirming your selection.
• If you're selecting this benefit for the first time, in the month after selection you will be sent your information pack.