Life insurance policies
Taking out a life insurance policy is a selfless way to help protect your family in the future. Should the worst happen to you, life insurance can offer peace of mind that at least your loved ones financial worries could be addressed and taken care of.
As for the cost of a life insurance policy, Jody Baker, our Head of Life Insurance, says “Life insurance is unique to every person - you’ll have different things to consider and your personal circumstances will dictate the cover you want and the price you pay. The most important thing is that you find the right level of cover at the right price for you.”
It’s actually quite simple, when insurance providers calculate these quotes, or premiums they will want to know all about you and your health. That way they can work out the likelihood of a claim being made within the term of the policy. Let's see exactly what they look at when calculating life quotes...