Life Insurance Quotation UK

How to get a life insurance quote without being stung for unwanted bolt-ons.

When after a life insurance quotation UK buyers are best armed with a sound knowledge of the type of policy they want, plus which extras are of interest and which would be a waste of money. Unwanted extras can push premiums up by 50%.

When looking for a life insurance quotation UK buyers need to be forearmed with the right information and a basic understanding of what types of advice they can be offered. In terms of information, you can expect to be asked for basic details like your age and the amount of cover you require, plus your profession or occupation and whether you are a smoker or not. Smokers get a raw deal; as do higher risk professions (a deskbound job is perceived as considerably safer than being, for example, a steeplejack).

You also need to know what sort of policy you require- for a life insurance quotation UK insurers will also usually try to sell you plenty of bolt-on services like critical illness cover, income protection especially if you’re self-employed, and often some sort of premium protection in the event that you can’t pay the premiums due to illness or incapacity. Policies can also be increased in value by renewability, terminal illness cover, or a fixed end to premium payments. Some of these elements may be right up your street, but if you don’t understand them, then you’re not in a position to buy.

So whether you’re going to a financial adviser or shopping around online, when looking for a life insurance quotation UK buyers are strongly advised to do a bit of research first: not to look for the cheapest rate, but to understand exactly what sort of policy meets their needs.