There are a number of good green ethical investment options for endowment and whole of life assurance, both of which have a large investment component.
Term assurances have no investment element and are simply contracts of insurance. They might therefore be termed as 'ethically neutral'.
Some insurers are more ethically aware than others. Some have strict rules in what and where they will invest. An increasing number of insurance companies have adopted SRI (socially responsible investment) policies across the whole of their portfolios, and are adopting engagement strategies to use their influence to encourage companies to become more socially and environmentally responsible.
Starting to emerge are ethical term life policies giving generous discounts to vegetarians and non meat eaters and rewarding people who choose a healthy lifestyle.
