Jump to content

Recommended Posts

Try a comparison site like Go Compare. It should throw up the top insurers such as L&G, NU, Scottish Provident, AXA and Scottish Equitable (among others). From experience, all these providers have good administration backgrounds (apart from the odd blip)and decent claims histories.


Remember the premium quoted is the minimum you will pay. The final premium will depend upon underwriting.


LLx

The terms 'Life cover & term assurance' are used interchangeably. I think what Clare C means is 'Whole of Life' cover which is more expensive as is guaranteed to pay out on death and is often used for things like IHT mitigation.


I'm assuming you are after straight life cover (or term assurance), which is usually written to retirement age.


LL.

Start here http://www.moneysavingexpert.com/insurance/level-term-insurance


I went with Money World - you use their search tool (free) then pay them ?30 for them to make the application to whoever you choose. The ?30 is the total of their one off commission so the rates you get are much better than you'd ever get through a traditional broker / IFA / comparison site. There's no advice though, but life assurance is simple, read the content in the link above and it'll give you a solid basis for making a decision on what you need.


One thing - and it applies to all life assurance policies however bought - get it 'written in trust' (speak to your solicitor) to make claiming the money a short and painless exercise for those left behind when you bite the dust.


Also - life "assurance" is guaranteed to pay out (unless you've discovered the secret to immortality) which is why it's assurance not insurance and why it's so much more expensive than something that just pays off the mortgage if you croak before the final payment.



Disclaimer: I aim to please but satisfaction is not guaranteed and I'm no expert on anything whatsoever and everything I say must be taken with a good pinch of salt.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • What is it that makes Waitrose so special! Admittedly I have shopped a couple of times in the Orpington and Beckenham one - sometimes buying food which I cannot get else where. Their 'basic range' is not bad. Price for price and quality - M & S.
    • Sometimes a shed or other installation has to have written approval from the freeholder i.e. Southwark, Southwark has (or did have) a Leaseholder Association.   Could also come under Anti Social Behaviour Unit.
    • Love Dulwich is great but has a large step in front. We have only been weekdays at Lunch time. Maria's next to Picture House is disabled friendly. Also can reserve table in advance. We did a Sunday lunch catch up with family - there were 8 of us.
    • Hi, Thinking about  going with some friends and was just wondering if folk might like to report back please. Most importantly sound level when busy & is it disabled friendly.  Thinking on a Sunday lunchtime but don’t want a busy busy environment or loud chatter - a couple of friends could not cope. Time can be flexible, if that helps - say 2 ish to avoid above.. Thanks…      
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...