Types of Life Insurance

Decide which of the four types of Life Insurance will suit you

The cost of term life insurance varies depending upon your age, gender, your health and smoking status.

To find out how little term assurance could cost you use our online quotation engine to compare life insurance quotes from leading UK life insurance companies on your screen in seconds.

Life insurance types available:

• Level Term Assurance
• Decreasing Term Assurance
• Mortgage Life Insurance
• Family Income Benefit

How much Life Insurance cover?

Once you have decided which type of policy is best for you the next questions are how much cover and over how many years. It is important that you carefully consider your situation and don’t simply pick a nice round figure from thin air just because it sounds like a lot of money or because that’s what your friend has recommended. Choosing the best life insurance is a very important decision. Whilst there is no such thing as bad life insurance, good life insurance is so much better!

It is important that you ask yourself a few ‘what if…’ questions. Consider what would happen financially if you or your partner were to die. Would anyone you leave behind suffer financially because you will no longer be there to provide an income or care for them? You might need to provide enough cash to pay off debts and leave enough left over to replace your lost income for 10, 20, 30 years or maybe even longer. Most people significantly underestimate how much life insurance cover they should have so it is important you spend some time considering your own circumstances.

We have a calculator you can use to help you decide but you should tailor the results to your own circumstances.

Once you have decided on the figures use our online quotation engine to get quotes for discount life assurance on your screen in seconds.

Get a Quote