Discounted life insurance is when you pay
less on your premiums for a life insurance policy arranged
through a broker than you would pay if you went direct to
the provider, whilst still having exactly the same policy.
Generally speaking cutting
out a middleman should reduce the cost of a product, but in
particular situations for certain products, the
existence of a middleman, a broker such as ourselves, can
actually make it cheaper.
The life insurance market is such a case
There are many life insurance companies and
one way or another they all pay
a commission to life insurance brokers who arrange policies
on behalf of a client. If the broker chooses not to take all
their commission then that will have the effect of
discounting the cost of the cover, or in other words making
the monthly premium cheaper than it otherwise would be.
You would normally expect that if you
took the policy out by contacting the provider directly
yourself they would not have to pay a commission to a
broker, and that cost saving for them would be passed onto
The reality is that if you take out a policy direct
from a provider, they incur the administration costs that
would normally be incurred by a broker, so they do not have
as much of a saving as you would imagine. Therefore, it is
unlikely you would find a discount price on your premiums.
The best way to arrange low cost life
insurance cover is to use the services of a broker such as
We can arrange your life insurance or
critical illness policy with a substantial saving on the
premium you would pay every month if you arranged your
policy directly with most of the providers in the market.
best way to find out how much you could save is to ask us
for a low cost quote
Our quotes are without obligation and
will be sent you by email, if you are interested in
proceeding with an application, we'll send you the paperwork
you need to arrange your policy.
All our policies are arranged with
leading UK life insurance companies.