Life insurance is there to help safeguard you and your family's financial future.
Let’s face it, no one really likes paying for any type of insurance as, in the best case scenario, you’ll never need to claim so it can seem like money down the drain. But life insurance serves an important purpose, providing peace of mind and financial security for your loved ones in case the worst happens. Having said that, why pay more than you have to for identical cover?
We offer life insurance and critical illness cover from a variety of the UK's leading providers, including Legal & General, Aviva, Zurich, AIG, Friends Life and many more, meaning you aren’t compromising on product quality, just saving yourself money. We’re able to bring you lower prices by doing two things: firstly, by charging less commission than other brokers and secondly, by not appearing on comparison sites, which enables us to cut out the commission these sites charge other providers which ultimately push up the cost to you.
See how we compare below and then click above to complete the form and find out how much we could save you.
Now looking at this table you may be thinking “Oh, it’s only a couple of quid a month difference” and you’re right. But you know the saying “look after the pennies and the pounds will look after themselves”? Check out this example and remember - you buy life insurance to provide financial security for your family.
Instead of paying £2.08 more than you have to every month, which adds up to £624 over the term of a 25 year policy, if you were to invest this amount monthly for the lifetime of the policy at 6% return, you would have £1,457 at the end. OK, so it’s not a life changing amount. But say you now have two young adult children: you re-invest this amount for them, again at 6% return, and every month they each contribute just £20. After 40 years this would have grown to a little over £96,000 for a total investment of £19,824. More than £76,000 for doing nothing thanks to the magic of compound interest!! And if they could both afford £30 monthly that figure rises to just over £136,000. Does that make saving only £2.08 every month just a little more interesting?
Life Insurance is a simple, cost-effective way of making sure your debts are covered and/or your family is provided for financially if you die. Life Insurance can be used to cover mortgage repayments, to pay off debts, to fund funeral costs or for the general living expenses your family will have, such as the weekly food shop or education fees.
Life Insurance comes in a variety of forms, with differences in how and how much your policy will pay-out. Therefore, it's important to be sure what type of life cover you require before you compare quotes. See below for a little bit more about the types of life insurance we offer.
Life insurance cover with a guaranteed premium means the amount you pay stays the same throughout the policy term. The premium will only go up if you choose to increase the cover. A policy like this may cost slightly more than a Reviewable Premium to start with, but it will provide you with the assurance that prices won't change.
A policy with this premium type will be reviewed at set periods, typically every five years, at which point your premiums could go up or down. You may find, however, that premium payments will start off cheaper than with a Guaranteed Premium, and any changes in your health will not affect the reviews.