What affects the cost of lifeinsurance premiums?
AGE
The younger you are when you take outa policy, the lower the premiums
HealthYour BMI and family medical history will be
considered when calculating premiums
SmokingWhether you smoke or
not will drasticallyaffect the price of your
premiums
If you want tocut costs -
STOPSMOKING
Lifestyle &occupation
If you take part in extremesports, drink alcohol or
take drugs, or have a high-risk job, your premiumsare likely to be higher
Term payoutpremium
Type ofLarger benefit
payouts will havemore expensive
premiums
the amount of timeyou're covered for
Term-based policies are much cheaperthan whole of life policies
Guaranteed -
Reviewable -
Premium prices stay thesame
Premium prices will bereviewed by the provider
and may rise
Where COMMISSION-FREEPaying a one-off fee of £20 and no
commission makes premiumscheaper than price-comparison sites
YOU buyINDEPENDENT
DISCOUNTBROKERS ARE
MOST OFTEN THECHEAPEST OPTION