Life insurance continues to see a price war
between insurers with a continued fall in premiums, and consumers could be
wasting thousands of pounds by not reviewing their policies, advises
Remember - the difference between the cheapest
and most expensive products can be significant, especially when multiplied over
the term of a policy. It can save you thousands of pounds.
Remember - if you have given up smoking for over
12 months, it is worth considering whether you can potentially save hundreds of
pounds with a cheaper premium. Although a cheaper premium is not certain,
because it is dependent on age and health, nonetheless there is a very good
chance that the premium will fall.
Matt Morris of LifeSearch says: "It is
important to remember that price should not be the only consideration when
choosing and you should look for the policy that offers the best value for
money. This means looking at the product which most suits individual circumstances
and offers additional benefits."
Life insurance news: 12 January 2012