Mon to Thur 10:00am – 7:30pm / Fri 10:00am - 4:30pm
Call us on 0800 024 8685 / 01202 714177

Level and Decreasing Life Insurance for Mortgage and Family Protection

  • Up to 25% cheaper than going direct*
  • Free Will worth £150 with every policy*
  • 5 Star TrustPilot Rating

Critical Illness Cover will pay out upon diagnosis of a critical illness

  • Up to 25% cheaper than going direct*
  • Free Will worth £150 with every policy*
  • 5 Star TrustPilot Rating

Whole of life policies cover funeral arrangements, inheritance and tax bills

  • Up to 25% cheaper than going direct*
  • Free Will worth £150 with every policy*
  • 5 Star TrustPilot Rating

Over 50's plans are suitable for people with pre-existing medical conditions

  • Up to 25% cheaper than going direct*
  • Free Will worth £150 with every policy*
  • 5 Star TrustPilot Rating

Cheap life insurance and how to obtain it

29th October, 2014

It is possible to save thousands of pounds by buying life insurance in the right way and there are some relatively simple measure that can be taken to get the best value for money.

When both parties need the same level of  life cover, joint life policies offer the same payout should either party die; however, joint policies can work out only slightly cheaper than taking out two separate policies with the same sum assured for each party and the latter could mean that any dependants would get twice the pay-out should the worst happen and both parties die.

While few people would change their lifestyle drastically to get cheaper life insurance, such as changing their career, many would be willing to make smaller changes to improve their chances, such as giving up smoking, losing weight or cutting down on their alcohol consumption.

Price comparison websites and insurance brokers usually offer the cheapest life cover available. These have traditionally been a better option than going direct to an insurance company, as they allow you to compare life insurance quotes and help you to find the cheapest option. Monthly premiums can be bought down substantially using this method and many of the companies that are paid commission by the insurer choose to give this up and distribute it among the policy holders, often in exchange for a one-off fee when taking out the policy.

« Return to industry news page