Life insurance for midwives
Midwives play a vital role in the UK healthcare system. NHS midwives benefit from death-in-service payments through the NHS Pension Scheme, but these are often insufficient to clear a mortgage and support a family long-term. Supplementary life insurance fills the gap at an affordable monthly cost.
How much does life insurance cost for midwives?
Premiums are based primarily on age, health, and smoking status — not occupation for most standard roles. Midwives are classed as standard risk by UK life insurers. A healthy non-smoking 35-year-old midwife can typically get £200,000 of level term cover for £12–£22/month.
How much life insurance do midwives need?
A common starting point is 10 times annual salary, plus enough to cover your outstanding mortgage. Consider:
- Your mortgage balance
- Number of dependants and how long they'd need financial support
- Any outstanding debts
- Whether a partner works and what their income would cover
Should midwives also get income protection?
Yes — life insurance only pays on death. Income protection covers you if illness or injury prevents you from working while you're alive. For many midwives, income protection is arguably just as important, as you're far more likely to be unable to work than to die during your working years.
Writing your policy in trust
Always consider writing your life insurance in trust. This ensures the payout reaches your beneficiaries quickly, without going through probate, and outside your estate (which can help avoid inheritance tax). It's free to set up and takes around 30 minutes.
Frequently Asked Questions
Midwives are classed as standard risk by UK life insurers. For most midwives, occupation has limited impact on life insurance premiums, which are primarily driven by age, health, and smoking status.
Yes — always disclose your occupation accurately. Certain manual or high-risk roles may affect premiums or policy exclusions.
Most people choose a term that lasts until their mortgage is paid off and their children are financially independent — typically 20–30 years.