We will try and make it easy for you to compare prices on life insurance, all from the comfort of your own home or workplace. But do not be afraid to get some financial advice or look through the eview section either here at financebam or on other sites, to be sure of any commitment.
When taking out life insurance cover you will often be offered additional optional cover like critical illness etc, only take these options if you really
need them.
Taking out a joint policy with your spouse or partner may be cheaper than having two separate policies. But remember it only pays out on the death of the first policyholder.
There is no requirement by law in the UK to have life insurance it is up to the individual to decide if they need it.
With a term insurance policy you pay premiums over a fixed number of years, if you die it pays out if you don't you receive nothing.