Term Life Assurance UK
Cast your net wide to research the market before buying.
The term life assurance UK marketplace is highly dispersed- your best deal might come from a supermarket, a small brokerage, direct from a big name or online- our advice is to try anything up to 10 different sources before making a decision.
For term life assurance UK customers are spoilt for choice. FIND, the online financial services directory, regularly reports its “Top 10” life assurance sites, and it’s no surprise that there’s a very wide mix of companies in that Top 10 list.
For starters, there are traditional big insurers like Norwich Union and Cornhill Direct. Then the list includes companies that five years ago wouldn’t be your first port of call for finance: for example supermarkets like Tesco. There’s a new breed of “Direct” insurers, who aim to cut out any middle man- these include Direct Line and More Th>n, (which is a rebadged version of Royal and Sun Alliance). And then there are brokers like LifeQuote Direct or Holland Price, both of whom use technology to get you a fast quote online and maximum discounts.
So when looking for term life assurance UK buyers are advised the same as for any other type of financial product: spread the net wide! There is a huge number of providers (and many are related to each other) so get at least 10 quotes before signing up!
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