Life insurance quotes
- Life insurance quotes with the top UK
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- Life insurance advised and recommended
- We can be Cheaper than buying direct
These are some of the top UK life insurance companies we use to give you life insurance quotes
Life insurance explained
Life insurance is the most simple, popular and cost effective way of protecting your mortgage or family in the event of your death. If you were to die while you have the policy you would have the peace of mind that your family would be protected financially.
Life insurance - The cost
The cost of a life insurance policy is generally based on your age and if you are a smoker or non smoker. Smokers premiums are always higher than someone who does not smoke because of life expectancy and other associated illnesses. A life insurance company classes you as a non-smoker if you haven't smoked in the previous 12 months. Other factors that can affect your premiums are your medical history and your immediate blood relatives, your parents, brothers and sisters. Insurers will ask if there has been any family history or serious or hereditary illnesses normally they were 60 or 65,
Life insurance term
There is no set term with a life insurance policy. Normally it would be arranged for up to 40 years and would expire no later than your 90th birthday.
Life insurance - Single or Joint Life
Cover can be arranged on either a single life basis or a joint life first or second death. A couple arranging life insurance for their mortgage for example would probably want a joint life first death plan. This would often be the cheapest route and means that on either death the policy would pay the sum assured to the surviving partner and the plan would finish. The proceeds can then be used to clear the mortgage.
- Types of Life Insurance
- Companies like ours are paid commission by life insurance providers for arranging policies with them.
We have chosen to be paid significantly less than most other companies and passed on any of this reduction to our customers.
This is why our discounted life insurance premiums are likely to be cheaper than most
- Level Term Life Insurance
- Mortgage Protection
- Critical Illness Insurance
- Family Income Benefit
|Term life insurance, otherwise known as term assurance, level term assurance or LTA for short pays a lump sum in the event of death within a specified period of your choice (known as the 'term'). The cover normally remains level throughout the term of the policy and is often used for family protection or interest only mortgages.|
|Decreasing term life insurance, otherwise known as mortgage protection, decreasing term assurance or DTA covers you for a set term and pays out a lump sum if you die during the policy term. The cover decreases over the term and is usually associated with a capital repayment mortgage|
|Family Income Benefit or FIB is one of the most useful and best value protection products you can buy. Rather than providing level term cover or decreasing term cover should you die it provides a regular, tax-free, monthly income for your dependants - from the time of the claim to the end of the plan term|
|Critical Illness Insurance protects you against conditions such as heart attacks, strokes and advanced cancers. Known as 'Critical Illnesses', these conditions don't always prove fatal but they do normally result in a dramatic effect on your life. Critical illness insurance is often cover that people don't think about when considering their life insurance. This cover can either be stand-alone critical illness or integrated into any of the plans highlighted above|
Top UK insurers