£10 monthly payments possible looking online
13th August, 2014
Many people underestimate the huge benefits that having life insurance can bring their loved ones if they die. Potential consumers are often put off by the vast array of policy options and costly monthly premiums, and recent surveys have shown that almost half of mortgage owners have no insurance cover whatsoever. The reality is, however, that life insurance is now more affordable than ever before.
Non-smokers who are in good health can receive huge discounts and, thanks to new program policies, customers under the age of 55 can qualify for a £150,000 life insurance policy for less than £10 each month.
Many people are not being made aware of these discounted policies. Some are told that they 'would not qualify' from the outset or are simply advised that there are too many options to go through them all at the time of purchase. It is also the case that the monthly cost for the same plan can vary greatly between life insurers, so people are advised to use comparison websites to compare life insurance quotes rather than go for the first option offered.
Online services are increasing in popularity as many offer up to 50 per cent savings and are simple and free to use. Previously, customers had to spend weeks ringing insurer after insurer trying to find a policy suitable for them, but now they can generate an extensive list of what cover is available to them with the click of a button.