Cut the cost of life insurance

If you do not know what life insurance policy is best for you and the amount of insurance you need, it is worth consulting with an independent financial advisor (IFA). IFA experts such as Lifesearch and Lifeassureonline are suitable for starting. However, if you purchase a policy online, you can conserve cash with reference to the following tips.

Do you want to buy life insurance?
If advice is deemed necessary, please consult an independent life insurance broker.

Which? Financial services can provide the best life or mortgage insurance tailored to the needs of individuals by using fair and unbiased third party advice services.

Do you want to know more about life insurance referral service? Financial operations.

Shop for life insurance
That is not just a bank, building association, insurance company that sells life insurance today. High Street retail stores and supermarkets are also worth considering. In many cases, a company sells another life insurance contract. For example, the Nationwide Building Society sells Legal & General's life insurance, but Virgin Money sells the Friends Provident policy. The price you pay will change even if you purchased it, even if the underlying product is offered by the same insurer with the same.

Online life insurance broker
Online insurance brokers such as Godirect.co.uk repay part or all of the fee received from the insurance company and can often offer a cheaper price.

Quotes from Cavendish Online are also worth it. You can choose a fee or a £ 25 fee fee with a different mechanism from other brokers. In the latter case, the company will refund all commissions during the term of office and lower the insurance premium. It is worth checking the overall cost of both options.

We tested online brokers and price comparison sites in the past and both companies have provided very competitive estimates.

Price comparison site
One of the best ways to compare various life insurers is to use price comparison sites such as Moneysupermarket.com, Comparethemarket.com, Confused.com. Individual sites do not cover the entire market, and the same insurance company may offer better transactions through one comparative site compared to other sites,

• For details, see "Guide to the price comparison site

Cashback website
If you purchase life insurance online, cash back sites such as Quidco and Topcashback will help you get a better deal. You do not purchase insurance policies from the cash back site, but access the website of the insurance company through the cash back site. Cash back site will give you some of the fee received from the company selling the insurance.

Vouchers and cashback transactions are only valid if the initial estimate itself is at or near the top of the table. For example, the policy of charging a premium at 50 pounds per month for 10 years and paying 100 pounds cash back is a much more expensive process than the policy period without a 40 pound month initial cashback transaction with a similar policy .

Also, because the cash back offer differs widely, it is also worth checking the cash back website selection. For example, the same insurance company could offer a high street voucher of 50 cents via site C, 20 pounds via site A, 40 pounds via site B, site C.

Do you want to purchase direct life insurance?
On the next page of this guide, we are summarizing the best transactions when you want to purchase life insurance directly from an insurance company.