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Why are the insurance prices on the Internet so low?
The Internet is undoubtedly the cheapest marketplace to buy insurance. There are two main reasons: -
Hot Topics
- How much will the premium be?
- Your premium reflects the level of cover you want and how long you want to be insured for. It also reflects the risk to the Insurance Company that you may make a claim. This risk is conditioned by your age, sex, occupation, health record and life style etc.
- Why is insurance more expensive for smokers?
- On average, the premium for a smoker is around 65% higher than a non-smoker. The reason is quite simple – non-smokers are generally healthier and live longer.
- Do I have to pay the Life Insurance Broker a fee?
- Absolutely not! ClickLife, our Partners for Life Insurance, purely work on commission.
- What causes delays and can delays be reduced?
- The most common cause of delay is enquiries about your health.
- When Does My Cover Start?
- Once your insurer has accepted your Application, your insurance cover can start straight away.
However, we have found that as many as 50% of people looking for life insurance do not get exactly what they want. They would in fact be a lot better off with the help of a professional - so they not only get the cheapest deal but the right deal. That's why we'll arrange for LifeSearch to call you!
Frequently Asked Questions related to the above topic.
Click below if you wish to read them: -
- How much will the premium be?
- What factors can add to the price?
- Is the price you’re quoted, the price you pay?
- Will your premiums increase?
- Is it better to have Guaranteed or Reviewable premiums?
- If you’re asked to supply more information or go for a medical, will the premium increase?
- Could you end up paying more for insurance than someone else the same age?
- Will your medical history affect your premium?
- Why is insurance more expensive for smokers?
- If your premium is “Rated”, what does that mean?
- If your insurer asks for a higher premium because you are Rated, is it worth applying to another insurance company?
- Are there any extras to pay?
- Do I have to pay the Life Insurance Broker a fee?
- What is the Finance & Leasing Association?
- Go to menu of Frequently asked Questions about Mortgage Life Insurance
- Go to menu of Frequently asked Questions about Life Insurance
- Go to menu of Frequently asked Questions about Critical Illness Insurance
- Go to menu of Frequently asked General Questions