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Life Snapshot - Life Insurance Statistics

Life Snapshot - Life Insurance Statistics

Our quarterly Life Snapshot is designed to show you who’s taking out life insurance, what life stage they’re at and what level of cover they’re choosing. We want to help you to have a better understanding of the policy you may need for you and your family.

September - November 2019 Life Snapshot

Life insurance is about making sure the people you love most are well looked after should the worst happen. It could ensure your family keep the home they’ve grown up in or that your children go to university, even if you’re not around to help with the expense.

Our Life Snapshot for September to November 2019 helps you navigate the world of life insurance. We hope that, by seeing what people like you have already chosen through Compare the Market from September to November 2019, this could help you understand the cover you need, in terms of policy type, cover amount and length of policy.

Download our life snapshot

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Kamran Altaf

Head of Life Insurance
Compare the Market

“While we may not like to think about it, life insurance is, literally, vital protection. It can be easy to brush to one side and prioritise other spending, especially for young adults. However, the cost is usually far less than many expect, and there are significant savings to be made for those who get ahead of the curve. While buying a house, getting married or having children are usually the triggers for purchasing life insurance, taking out cover sooner rather than later can save money in the long run. Those aged 20-24 can expect to pay as little as around £10 a month, and for those aged 25-35, only £5 more.

“For further protection, it could be worth adding on critical illness cover. Critical illnesses can have lasting and damaging impacts, not just on the health of the individual affected but on family and friends too. Taking out cover can provide certainty and peace of mind during these difficult times and will be there to support you when you least expect it but need it most.”

Take the step

So you’ve seen what kind of life insurance other people are taking out, but you’re still not sure what you need. That’s where we come in. Why not enter a few details and get a quote through Compare the Market?

If you want more information, why not contact the expert advisers at LifeSearch? They could help you figure out just what you need. You can talk to them on 0800 072 1147, Monday-Thursday 8am- 8pm; Friday 8am-7pm; Saturday 9am-2.30pm and Sunday, 10am-3.30pm.

Compare life insurance

Get a life insurance quote and start saving now

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Get a life insurance quote and start saving now Compare life insurance

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