Life insurance quotes drawn from the whole market for you
When you take life insurance quotes from an insurance adviser, it is essential to be aware how your life insurance quote is drawn up.
A high street insurance adviser is a tied adviser, which means that their quote for life insurance may not be based on the best life insurance available on the market. In fact, a tied adviser’s quotes for life insurance include only the very small range of policies of their particular company.
As an independent financial adviser, Principle First gives you life insurance quotes based on the whole market and the life insurance policies of all the main insurance companies, backed up by first-class life insurance advice, looking at the whole market, by our life insurance team. Our life cover quotes are sure to mean the best life cover for you.
Ask our team for your life insurance quotes today! Make an online insurance enquiry or ring 0800 678 5929 now.
How much life cover do I need?
Use our simple online life insurance planner tool to work out how much life cover you need.
Our Principle First team can also provide a life insurance calculation to tell you how much your cover should be.
We will also provide life insurance advice to ensure that, from the types of insurance available, you have the best life insurance for your particular situation, and of course life insurance quotes to get the very best rates of the moment.
Finding the best life insurance for you
There are various types of life insurance, principally intended for 1 of 2 purposes: to clear mortgage debt, or to preserve your family’s lifestyle, in the event of your death.
When seeking the best life insurance to cover your mortgage, we can provide life insurance quotes for ‘decreasing term insurance’. This is where cover reduces gradually, in step with the balance owing on your mortgage. At every stage, your insurance cover equals your outstanding mortgage balance and, when your mortgage is finally paid off, the insurance expires. This is generally a cheaper form of life insurance, as there is a good possibility that it will never have to pay out.
The best life insurance specifically for providing money for your family, on the other hand, is ‘whole of life’ cover, which pays out at the end of your life. The Principle First life team will provide you with the best life insurance quotes for each type of policy.
Life insurance in trust
Once you have identified which is the best life insurance policy for you, our team can give you life insurance advice on writing your insurance policy in trust. This will ensure a quick payout to your loved ones, and also help protect your insurance from a possible Inheritance Tax liability of 40%.
If you are married, consider taking out separate policies for you and your spouse. For a little extra, you double your cover, and the surviving partner is still insured, after the death of the first.
Review to check you still have the best life insurance
Ask us for updated life insurance quotes every year! The cost of insurance is falling all the time, and this year’s life insurance quotes really could cut the costs of the premiums you have been paying.
Ask the Principle First insurance team for life insurance quotes today. Make an online insurance enquiry or ring 0800 678 5929 now!
