
As you know, the price you pay for any product or service varies dependent on where you shop. Purchasing life insurance is no different. To demonstrate the vast differences in premiums you will be offered for exactly the same product, we have compared typical policies taken out by going direct to the provider, using a comparison website, and by using Best Price Financial Services.
Please see typical comparisons below:
Commission Free Website | Administration Fee |
---|---|
Best Price Financial Services | £20.00 |
Money World | £25.00 |
Money Minder | £25.00 |
Commission Free Life Cover | £32.00 |
Cavendish Online | £35.00 |
Level - term insurance £100,000 cover | ||
---|---|---|
Comparsion Site | Insurance Company | Premium |
10 Year Term - Smoker aged 54 | ||
Best Price FS | Ageas | £36.31 |
Money Super Market | Aviva | £43.11 |
Protected | Aviva | £46.90 |
Compare The Market | Legal & General | £47.35 |
Go Compare | Legal & General | £47.75 |
Confused | Aviva | £50.05 |
10 Year Term - Non Smoker aged 54 | ||
Best Price FS | Ageas | £16.26 |
Money Super Market | Aviva | £18.96 |
Go Compare | Legal & General | £20.30 |
Protected | Legal & General | £20.52 |
Compare The Market | Legal & General | £20.85 |
Confused | Legal & General | £21.66 |
25 Year Term - Smoker aged 39 | ||
Best Price FS | Legal & General | £14.86 |
Go Compare | Beagle Street | £17.04 |
Protected | Legal & General | £17.35 |
Compare The Market | Legal & General | £17.59 |
Money Super Market | Legal & General | £17.63 |
Confused | Legal & General | £18.27 |
25 Year Term - Non Smoker aged 39 | ||
Best Price FS | Beagle Street | £7.77 |
Go Compare | Liverpool Victoria (LV=) | £8.70 |
Money Super Market | Liverpool Victoria (LV=) | £8.85 |
Compare The Market | Liverpool Victoria (LV=) | £9.03 |
Protected | Legal & General | £9.23 |
Confused | Liverpool Victoria (LV=) | £9.26 |
Price Comparison as of May 2014
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4 Tips for Every First Time Life...
- Author
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- Feb 22, 2016
4 straightforward tips to follow if you're buying a life insurance policy for the first time.
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