Quote Search
Car Insurance Travel Insurance Home Insurance Life Insurance Health Insurance
Select Company
Keyword Search

Travel Insurance

Home Insurance

Life Insurance

Health Insurance

Tesco Car Insurance
Major Names

Abbey Life Insurance

Barclays Life Insurance

Eagle Star Life Insurance

Equitable Life Assurance Society

Friends Provident Life Assurance

Nationwide Life Insurance

Prudential Life Insurance

Standard Life Insurance

Tesco Life Insurance

Windsor Life Assurance

Term Life Assurance UK

Life Assurance Pension

Guaranteed Life Insurance

Cheap Life Insurance UK

Cheap Life Insurance Quote

Cheap Life Insurance

Life Assurance Cover

Assurance Cover Critical Illness Life

Life Assurance Rate

Cheapest Life Insurance

Life Insurance Company UK

Quote life insurance

Life Insurance Comparison

Insurance Life

Level Term Life Insurance UK

Term Life Insurance

Mortgage Protection Life Insurance

Combined Life Insurance

Term Life Assurance

Group Life Assurance

Best Life Insurance

Affordable Life Assurance

Life Assurance Quotation

Affordable Term Life Assurance

Life Assurance Cost UK

Life Assurance Quote

Life Assurance Comparison UK

Life Assurance Cost

Life Assurance Company UK

Best Life Assurance

Affordable Life Insurance

Affordable Term Life Insurance

Cheap Life Assurance

Life Assurance Policy

Cheapest Life Assurance

Cheap term life insurance

Life assurance Rate UK

Life Assurance Premium

Life assurance Quote UK

Life assurance company

Life Assurance

Life Assurance Comparison

Low Cost Life Insurance

Joint Term Life Insurance

UK Life Assurance

Mortgage Life Insurance

Life Insurance Policy

Mortgage Life Insurance Quote

Life Insurance in the UK

Life Insurance Quote UK

Life Insurance Direct

Mortgage Life Assurance

Discount Life Assurance

Life Insurance

Critical Illness Life Insurance

Life Insurance Information

Life Insurance Quotation

Competitive Term Life Insurance

UK Life Insurance Cover

UK Life Assurance Company

Low Cost Term Life Insurance

Life Insurance Cover

Mortgage Life Assurance UK

Term Life Insurance UK

UK Life Insurance

Term Life Insurance Quote

Decreasing Term Life Insurance

Life Insurance Agent

Life Insurance Broker

Mortgage Life Insurance UK

Life Insurance Quotation UK

Life insurance company

Term Life Insurance Policy

Standard Life Assurance Company

Life Insurance Term

Term Life Insurance Rate

Level Term Life Insurance

Life Insurance Rate

Life Insurance Critical Illness Cover

Discount Life Insurance

Life Assurance UK

Life Insurance UK

Life Insurance Quote

Compare Life Insurance

Car Insurance

Travel Insurance

Home Insurance

Life Insurance

Health Insurance

Personal Finance News

Copyright Notice
Useful Sites

loan.org.uk - guide to getting a loan

Discount Life Assurance

How brokers keep offering you value by reducing their commissions.

Discount life assurance policies aren’t less effective- discounting is employed by brokers to give you a better deal, by sharing their commission with you in order to reduce your premiums. Going to a broker is almost always as economical as approaching the life company directly.

Life products and financial advisers are a bit like medicines and doctors. Some medicines are simple and clear enough to use that you don’t need to see a doctor in order to buy them; you can get them over the counter at your chemist. Similarly, some financial products, like term assurance, are simple enough to understand that you can obtain them without additional advice- indeed you can buy term assurance in supermarkets or online.

Other products, like full life assurance, have sufficient permutations, and are sufficiently expensive if you make the wrong decision, that an intermediary is required. With these products, there are therefore three people in the transaction: yourself, the adviser, and the life company.

When we talk about discount life assurance, we are therefore referring not to a “cheap and nasty” product, or a less effective product, (although there are plenty of them around!) but a change in the financial relationship with one of those parties. For you, the consumer, you will have little interaction with the life office itself in terms of the price you pay. To understand how discount life assurance works, you have to understand the potential for the adviser.

If you paid just £50 per month into a policy over 30 years, the total invested would be £18,000. On top of that, the investment would yield an even greater sum. In total, the adviser will receive a generous remuneration for the three or four hours work required to get your business. A discount life assurance policy means the adviser shares some of that remuneration back with you; thus lowering your premium. This has made the life market a little more competitive- and is excellent news for customers.