Life Insurance Quotes

Life Insurance Quotes FAQs

Life insurance quotes FAQs are frequently asked questions that UK consumers have about life insurance. Read through these frequently asked questions to gain new insight that can help you as a prospective policyholder. Consider our life insurance quote glossary to better understand unfamliiar life insurance terms.

How much does it cost to get life insurance in the UK?

This is a common question with investors of every age group. The truth is that there is no simple way to answer the question, because there are so many different variables involved. The type of plan you select, the limits that it comes with, and even the factors that you bring into underwriting are but a few examples of the many variables in play.

How are my rates calculated when I decide to get life insurance in the UK?

Life insurance rates in a broad sense are set in the same manner as any other insurance rates for policies of any other type: according to risk. An insurance company takes a risk in insuring you as a policyholder, and the rates you pay are set based on their assessment of that risk. You age, occupation, medical history, and many other factors all contribute to this risk assessment and the resulting cost of your policy.

Do I have to get a medical exam in order to get UK life insurance?

There are some types of policies and certain insurance providers that do require a medical examination prior to providing cover. However, this is not always the case; it just depends on the type of coverage you are seeking.

What is a good time to buy life insurance in the UK?

Life insurance is a commodity that benefits every policyholder and every policyholder’s family. With that being said, there are certainly some better times to get covered than others. For example, if you have some extra cash to put up to cover the initial investment required, that helps get things going for you. And if there is a change in your family situation, such as the birth of a child, it is probably a time to review any existing cover and see about adding to it.

How old must you be in order to buy life insurance in the UK?

The minimum age is 17. But consumers of any age can get covered and can benefit from all that this protection has to offer. It is important to note that as a rule, younger applicants tend to pay less, so it is good to get in while you are young if at all possible.

What is included in an estate?

An estate is the sum total of all of your wealth, possessions and properties. It can include personal possessions and valuables, vehicles, money, stock holdings, and any other type of asset. Life insurance is all about protecting your estate and helping your beneficiaries hold on to as much of it as possible while paying as little in taxes as possible once you pass.

Where can I obtain quotes for cover if I want to get life insurance in the UK?

There are multiple ways to get life insurance quotations. You might go to a broker, for example, or a banker to get this type of inquiry started. Or, to save time and effort you can get prices online using our free quote form. Do your due diligence and check around for prices before you buy a policy.

How does the value of an investment type policy increase over time?

An investment type policy is much more like a pure investment than a simple insurance plan. Its performance is tied directly to the investments your provider makes on your behalf. The money you contribute to this type of account may be invested in stocks, bonds, and other commodities. The performance of those commodities in sum total will determine the performance of your policy.

Do my beneficiaries have to pay taxes on the money they receive from my life insurance payout when I pass?

The payouts on UK life insurance plans are tax free. With that being said, there is still the matter of inheritance tax for your beneficiaries to deal with. This depends on whether or not the payout is considered to fall within the estate. This is a matter of some importance to discuss with your UK life insurance professional. Plan a strategy to minimize the tax burden for your loved ones.

What is the cheapest life insurance plan I can buy?

Term life insurance (also known as protection only cover) is the cheapest type of policy. The actual cost of cover varies by provider and according to a number of different factors, such as the specific attributes you select for your policy. Make sure you put together a plan that makes sense given your goals and that your plan fits your budget.

Basic Info

Q: Am I Too Old to Start a Policy?

A: In the past, older adults who applied for life insurance had great difficulty qualifying for cover. Today, applicants over full answer...

Q: Am I Too Young to Start a Policy?

A: Adults of any age can benefit from a life insurance policy, even if they've yet to reach the age of 18. Far from being reserved full answer...

Q: At What Age Should I First Purchase Cover?

A: If you're wondering "at what age should I first purchase cover?" you are one of many people who feel they should buy life full answer...

Q: Can I Get Cover Through my Employer?

A: Most employers in the UK do not offer life insurance, meaning that it is a means of protection you will need to seek on your full answer...

Q: Do I Need Life Cover if I Am Single?

A: Many might ask "do I need life cover if I am single?" when considering life insurance without any immediate dependents. As full answer...

Q: Do I Need Life Insurance After my Childs Education?

A: Many parents purchase term life insurance to cover their children until they've completed their education. Once a grown child full answer...

Q: Do I Need More Life Cover?

A: An individual's life cover needs may differ entirely from those of a close friend or associate, even if both people seeking full answer...

Q: How Long Will my Policy Stay Active?

A: Depending on the type and level of cover it offers, your Life Insurance policy may last your whole lifetime or only a small full answer...

Q: How Should I Pay my Premiums?

A: When most people refer to the amount they pay for life cover, they are referring specifically to their ongoing premium costs. full answer...

Q: Is It Easy to Increase Policy Cover?

A: There are many reasons why policy holders may wish to increase their cover on an insurance policy. For example, a life insurance full answer...

Q: Is Life Insurance Expensive?

A: Nowadays life insurance is deemed to be a necessary evil by most people. This is due to the fact that once you die you have full answer...

Q: Should I Get More Cover if I Get Promoted?

A: There will probably be several instances throughout your time as an insured individual when you will increase or decrease full answer...

Q: Should I Purchase Cover for my Wife if She Doesn't Work?

A: The decision of how to handle the disbursement of insurance within a married couple needs to account for many different considerations. full answer...

Q: What Does a Policy Cover?

A: If you're asking "What does a policy cover?" you are probably about to buy some insurance and aren't 100% sure what's on full answer...

Q: What is a Rider?

A: Though the purpose of insurance is to protect and assure you regarding unfortunate events that could happen in the future, full answer...

Q: What Should I do if my Policy Will Expire Soon?

A: When your life insurance policy is set to expire, your insurance provider will notify you of your options. At the end of full answer...

Q: Who Will Benefit From my Life Insurance?

A: Whilst it is an excepted part of ones existence, life insurance is something that can prove somewhat confusing to the normal full answer...

Q: Will my Hobbies Affect my Policy?

A: There are a lot of things that you are going to need to consider when you are looking into getting some life insurance for full answer...

Q: Will my Insurance Be Affected By my Work?

A: There are a lot of things that are going to affect the policy that you are getting through your life insurance agency. Among full answer...

Cost

Q: Can Term Life Insurance Save Me Money?

A: When you are looking into the different types of life insurance cover that you can get for your particular situation, there full answer...

Q: Does my Age Affect my Life Insurance Rates?

A: A wide array of factors affect the rates that you are quoted for life cover. The shortest response to the question of whether full answer...

Q: Does my Health Affect my Rates?

A: The short answer to whether health affects your life cover rates is yes, though to what to degree is an entirely different full answer...

Q: How are Life Cover Premiums Calculated?

A: As you shop around for life cover, you may find yourself going through a slightly different application procedure from one full answer...

Q: How Can I Lower my Premium Payment?

A: Having the foresight to take care of your life insurance needs without delay is admirable. The life insurance you have provided full answer...

Q: How Can I Quickly Save Money?

A: Since 2008 it seems we have heard nothing but bad news stories about economic prospects for the UK, and employment prospects full answer...

Q: How do I Maintain Consistent Life Insurance Premiums?

A: We often wonder "how do I maintain consistent life insurance premiums without scrimping on cover?" We want strong cover, full answer...

Q: If I Get a Terminal Illness Will my Life Insurance Premium Go Up?

A: Many people worry "if I get a terminal illnesses will my life insurance premium go up?" As life insurance is all about keeping full answer...

Q: Is Life Insurance Worth the Money?

A: Whether or not life insurance is worth the monthly premium you will have to pay for comes down to your individual judgement full answer...

Q: Is Whole Life Insurance Worth the Extra Cost?

A: Life insurance is something that most people find too difficult to understand on their own. Because of the many different full answer...

Q: What Happens if I Already Have a Medical Condition?

A: Shopping around for life insurance can involve a significant number of considerations, and thereby plenty of careful deliberation full answer...

Q: What Happens if I Get a Terminal Illness?

A: As the matter of life insurance on whole can be an uncomfortable topic for some, addressing the potential for contracting full answer...

Q: What is the Best Way to Cut Costs?

A: Life insurance can act as a huge comforter for families across the country. If you are worried about what will happen to full answer...

Q: What Will Make my Coverage Expensive?

A: There are a number of different factors that contribute to higher life insurance premiums. If you remember that a life insurance full answer...

Q: Will I Get a Discount if I Quit Smoking?

A: Any time you make a major lifestyle change that can potentially impact your health, or your level safety pertinent to accidents full answer...

Q: Will I Pay More for my Insurance Later in Life?

A: There is no single standard for how much you will pay for your cover policy at any stage of your life. There are some general full answer...

Q: Will I Pay More if I Smoke?

A: Your overall health is probably the number one factor taken into consideration by insurance providers as they determine whether full answer...

General Inquiries

Q: Does Whole Life Insurance Justify the Greater Expense?

A: When you are considering getting a life insurance policy or a joint insurance policy, there are many different things that full answer...

Q: How Can I Make my Policy Suit Me?

A: Much like the many questions you have when interviewing a kids pediatrician, when you are looking out to get a new life insurance full answer...

Q: How Does the Government Regulate the Industry?

A: The world of insurance is a very tricky place. This is because there are so many different kinds of companies that are out full answer...

Q: How Much More Will Whole Life Cover Cost than Term?

A: Life insurance cover is hugely important for anyone who wants to give their loved ones financial protection. A life insurance full answer...

Q: How Often Should I Pay my Premiums?

A: When you are looking into getting the right life insurance policy or you already have a life insurance policy, you probably full answer...

Q: Should I Opt for a Specialist Coverage Type?

A: Specialist life insurance policies address unique needs that cannot be met by standard life insurance policies. Whilst a full answer...

Q: Should I Opt for an Investment Type Policy?

A: When you are looking into the different kinds of life insurance policies that are out there, you might come about a specific full answer...

Q: What are the Advantages of Critical Illness Cover?

A: Critical illness cover is a form of life insurance that pays out during the policyholder's lifetime if he or she is diagnosed full answer...

Q: What are the Main Concerns with These Policies?

A: Life insurance is available in some many different assorted types and with so many possible optional extras, that it is almost full answer...

Q: What do I Need From a Policy?

A: When you are looking into getting a life insurance policy, there are certain things that you need to consider when you are full answer...

Q: What Happens if I Outlive the Term of my Cover?

A: If you are worried about the debts and financial problems your family would be left with in the event that you passed away, full answer...

Q: What is the Best Way to Cut Insurance Costs?

A: Unfortunately, there comes a time in all of our lives when our inevitable demise becomes an issue. There are many different full answer...

Q: What is the Best Way to Get Information From a Company?

A: When trying to get information from a company is can often seem like fighting a losing battle. The company can often seem full answer...

Q: What Should I do if I Cannot Afford my Policy?

A: If you ever find yourself in a situation where you do not think that you are going to be able to pay for the policy that full answer...

Q: When is Joint Insurance Not a Good Idea?

A: Life insurance is a great type of insurance for you to look into for you and your spouse or loved ones. However, it is not full answer...

Q: Which Extras Should I Choose?

A: In regards to a life insurance policy, there are certain extra items you need in a policy that you can chose that will fit full answer...

Q: Will my Family Always Need my Support?

A: In many families, the need for a primary wage earner to provide financial support diminishes over time. As children grow full answer...

Health

Q: Am I Too Old to Start an Exersise Programme?

A: Although there is a certain inevitability in the fact that are bodies slow down as we age, this is not a reason not to exercise. full answer...

Q: How Can I Afford a Healthy Lifestyle?

A: Joining a gym, playing sports, buying organic produce - these activities can often seem the preserve of those with a large full answer...

Q: How Can I Boost my Health?

A: Many things affect your health including your family history, your job, your diet and your lifestyle. Some of these things full answer...

Q: How Can I Commit to Quitting my Unhealthy Habits?

A: This can be difficult to do if you consider yourself to be a bit of a party animal, and you smoke and consume a fair amount full answer...

Q: How Can I Exercise with my Busy Lifestyle?

A: Exercise is essential for us to be able to optimise our health. An active lifestyle can however seem unattainable, when you full answer...

Q: How Can I Make my Diet More Healthy?

A: Making ones diet more healthy can often seem like a difficult task. Excuses like not having the time to cook or not having full answer...

Q: How Does Diet Affect Health?

A: It is well established that there is a connection between diet and health, but the internet is filled with a proliferation full answer...

Q: How Does Eating Fat Affect my Health?

A: We are well used to the idea that fats are bad for us, but if we spend a little time understanding what exactly they do, full answer...

Q: How Many Calories Should I Consume Each Day?

A: The energy that we get from eating healthy food is measured in calories. A calorie is actually such a small amount of energy, full answer...

Q: How Should I Prepare for a Health Test?

A: When you are looking into the realm of getting life insurance, you are going to have to jump through a lot of hoops. One full answer...

Q: How Will my Health Affect the Price of my Insurance?

A: When you are looking into getting life insurance or term life insurance for yourself, the company that you are going to be full answer...

Q: Is there Any Coverage for Illness?

A: There are many different kinds of life insurance that you can potentially get for yourself. If you have an illness and want full answer...

Q: Should I Keep my Health Secret From my Company?

A: Many jobs require people to be fit and healthy due to the physical demands of a job. If you decide to lie on an application full answer...

Q: What Actions are Most Detrimental to my Health?

A: Most of us would thankfully shy away from an action as dramatic as suicide, and yet we regularly contribute to a long term full answer...

Q: What are Some Tips for Eating Healthier in Restaurants?

A: It is one thing to try and eat healthier foods at home where you can control exactly what goes into your meals, but it is full answer...

Q: What are the Benefits of a Healthy Lifestyle?

A: The benefits of a healthy lifestyle will actually become clear when you begin this type of lifestyle, because you will find full answer...

Q: What are the Effects of Alcohol and Tobacco?

A: Most people look at things like alcohol and tobacco as nice perks to life that help you feel better and relax. However, I full answer...

Q: What Factors Affect my Health?

A: There are a number of determining factors, which affect our health. Some are things we can do little about, but others are full answer...

Q: What Habits Will Affect my Health?

A: If you are concerned with the general well being of your health, you should learn a little bit more about what kinds of things full answer...

Q: What is a Health Test?

A: When you are looking into getting some life insurance for yourself, there are going to be many aspects about that insurance full answer...

Q: Why Does Health Affect Life Insurance?

A: The simple answer to this is that insurance companies are commercial entities and they need to make money. Like a casino, full answer...

Q: Will I be Able to Get Cover With Poor Health?

A: If you are concerned about the state of your health and your future ability to possibly get health coverage, then you are full answer...

Q: Will my Company Test my Health?

A: When you are applying for jobs, the issue of your health may well come up. Many companies will insist on prospective employees full answer...

Q: Will my Health Problems Affect my Policy?

A: The state of a prospective policyholder's health has a huge effect on their insurance cover. There are two main ways that full answer...

Lifestyle

Q: At What Point in my Career Should I Start a Life Policy?

A: Life insurance is something that no young person wants to think of - it manages to appear both boring and frightening at full answer...

Q: Can Walking Help Me to Lose Weight?

A: "Can walking help me to lose weight?" It's a common question these days. We all want to stay in shape, keep fit and slim full answer...

Q: How Can Good Nutrition Affect my Health?

A: Eating nutritious foods and regular exercise can affect every aspect of your health. Each of your body's systems relies on full answer...

Q: How Can I Help my Teen Develop a More Active Lifestyle?

A: While you are trying to help your teen develop a more active lifestyle, there are many things that it is going to take in full answer...

Q: Is Running Better for Me than Walking?

A: Running and walking along with proper nutrition can both promote cardiovascular health, improve respiratory function, strengthen full answer...

Q: Should I be Concerned About Playing Rugby?

A: Applying for life insurance as a keen rugby player can be confusing. On one hand that fact that you are physically fit is full answer...

Q: Should I Consult my Physician Before Starting a New Exercise Program?

A: Before you begin a new exercise program, it's best to consult your physician to discuss the safest, most effective way to full answer...

Q: What are Some Good Activities for Keeping the Whole Family Active?

A: Should you are looking to keep your family more active, there are many things that you can do to accomplish that task. Should full answer...

Q: What are Some Good Meals to Feed the Whole Family in a Healthy Manner?

A: Eating healthy and pleasing everyone in the family can often seem like to be completely different and competing ideas. Whilst full answer...

Q: What is the Best Lifestyle Choice for Affordable Cover?

A: When applying for life insurance it will soon become clear that many of the questions you are asked relate to the kind of full answer...

Q: What Questions Should I Ask When Interviewing a Potential Pediatrician?

A: When you are looking for a new pediatrician, it is important for you to remember that you have the power in that relationship. full answer...

Q: Where Can I Find the Right Shoes for my New Exercise Program?

A: If you're wondering "Where can I find the right shoes for my new exercise programme?" you're showing a good understanding full answer...

Q: Which Dangerous Activities Should I Avoid?

A: If you are looking to secure life insurance, it is important to understand that insurance companies decide the level of your full answer...

Policies

Q: Can I Add a Child to my Existing Life Insurance Policy?

A: A child can be added to an existing life insurance policy if your policy gives you the option to include a dependent in your full answer...

Q: How Can I Best Protect my Mortgage?

A: When you are looking into some of the specific areas that you can make your life insurance policy the absolute best that full answer...

Q: How do I Read a Life Insurance Policy?

A: A life insurance policy is a legal contract that describes your arrangement with an insurance company. In exchange for your full answer...

Q: How Much Will my Policy Pay Out?

A: The amount that your life insurance policy will pay out depends on a number of issues. To a great extent you control the full answer...

Q: How Much Will my Premiums Cost?

A: The cost of life insurance premiums depends on a number of factors. Many of these factors are things that unfortunately we full answer...

Q: Is Whole Life Insurance a Waste of Money?

A: Whole life insurance is just one of the major types of life insurance that you can get for yourself. If you do not know much full answer...

Q: Should I Opt for a Universal Policy?

A: There are three major types of life insurance policies that you need to have a general cursory knowledge of. In doing so, full answer...

Q: What Additional Cover Should I Add?

A: Life insurance is a type of coverage that most people find relatively confusing. Because of all of the diverse types of life full answer...

Q: What Differentiates Terminal and Critical Illness Cover?

A: When making a decision on which life insurance policy you are going to purchase, it is important to understand the difference full answer...

Q: What Does Life Insurance Policy Mean?

A: Life insurance is often thought of simply a way to provide security for your dependents in the event of your death. However, full answer...

Q: What if I Don't Want my Policy Any More?

A: There are a number of reasons why you might decide you want to cancel your life insurance policy. Perhaps you just bought full answer...

Q: What is a Waiver of Premium?

A: When looking over the various extra provisions you can purchase for your life cover policy, you may have noticed something full answer...

Q: What is the Best Policy for Young Adults?

A: There is no single, straightforward answer to what constitutes the best policy for young adults because life cover in the full answer...

Q: What is the Best Way to Compare Policies?

A: Not so long ago, you would have to call a life insurance company in order to run through the details of their policy, and full answer...

Q: What's the Best Policy to Look After my Family?

A: When you are looking into getting a life insurance policy or a universal life policy, there are several key things that you full answer...

Q: Where Can I Compare Life Insurance Policies?

A: Life insurance is one of the most important purchases a person will make in their lifetime. A good life insurance policy full answer...

Q: Which Type of Policy Will Give Me the Cheapest Cover?

A: In some ways it is hard to answer this in a straightforward fashion. The cost of your life insurance cover will depend on full answer...

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