Buying a life insurance cover can be confusing and daunting, especially for first time buyers who don’t have enough knowledge about the insurance industry. When you look for life insurance, you will find a wall of different type of policies which will make it difficult to make a decision. Moreover, when you don’t get the right guidance from your insurer, it can make things even more difficult, and sometimes it can prove to be costly.
Costly policies can lead to a waste of money!
When you decide to buy life insurance from a bank, or even from the insurer, could cost far more as compared to consulting an advisor, and hence, you need to discuss this with an experienced life insurance professional before you make a decision.
The difference between costly and affordable policy!
Remember, not all the life insurance providers are the same, and hence, there can be a slight difference in the costs of life insurance policies. To ensure that you get the right policy, you should do the comparison of costs and features of the policy so that you get a cost-effective policy. There are comparison sites available to help you do the needed comparison or you can simply ask a life insurance expert to help you out.
So, where can you save money?
Life insurance policies are sold by three main sellers for a similar cover, for example, critical illness insurance. It can come from lenders including a bank or building society, it can be intermediaries including an advisor or a broker, and obviously, going directly to an insurance company. Some insurers sell their policies through all these mediums.
You need to compare the costs as well as the features of the policy to ensure that you make the right purchase and save your hard-earned money.
We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00