Cost of Life Insurance - YourMoney
June 23, 2015

According to a recent survey the average consumer over estimates the monthly cost of life insurance by considerable amount. When questioned participants estimated the premium would be be £50.98 per month when in fact the average true premium was £10.31.

 
You can read more about the survey and responses by 

 Cost of Life Insurance

It was also clear from the survey that the perceived cost was preventing people considering this basic protection.  Basic life insurance to protect your income and/or your family and dependants should form part of your financial planning.

[thrive_toggles_group"]

Would you like to find out what it might cost to get some basic protection and insurance in place. ( Click here)

Complete this form for a no obligation consultation on what it might cost to provide a basic minimum protection for your dependants.

Your Name (required)

Your Email (required)

Your Phone (required)

Any Message (e.g Best time to call etc)

[recaptcha]

[/thrive_toggles_group]

 

You can see from the

that purchasing basic life insurance and cover is probably not best done through your bank or building society but through a FCA registered adviser who specialises in this field.

The questions you need to ask yourself is: “What would happen to my dependants if I were to die or be be seriously injured and could not work” or if I were to contract a serious illness which incapacitated me.

Any good FCA registered adviser would be able to give you an idea of the options and costs involved but it is clear that for a relatively modest sum basic protection can be put in place.

 

 

 

All of the advisers on the YourMoney panel are qualified, experienced FCA registered advisers. Why not have a consultation at their expense to see what they can do for you?

Click Here to Leave a Comment Below

Leave a Reply: