The BGL Group has moved into the life insurance market with the launch of a new level term life cover product.
Budget Life Insurance claims to be is the UK’s first instant life insurance policy to be made available to customers buying general insurance and removes the need for buyers to go through a lengthy application process or undertake a medical examination.
Underwritten by Ageas Protect, the new cover is available to customers who purchase home or motor insurance from BGL’s in-house Budget brand.
The product is designed to make the buying process as simple and clear as possible – with a guaranteed acceptance policy via a quick two click online purchase process with no underwriting questions. The cover is also available via the Budget contact centre.