Is the price you’re quoted, the price you pay?

Not always. It depends upon the details you disclose in your full Application form.

STEP 1 of 2
Type of cover
Life Insurance       Mortgage Life Insurance
 
Cover Level (£)

Number of years
Do you want:  
Critical illness cover
Family income benefit
 

Hot Topics

Will your medical history affect your premium?
Yes, your medical history is a very important factor.
If your insurer asks for a higher premium because you are Rated, is it worth applying to another insurance company?
We do not think so. Why? Read on.
Can life insurance be arranged quickly?
The short answer is that the speed depends upon your personal details.
Once you've got your quote, what's the next step?
If you decide to go ahead you’ll need to fill in an Application form.
Information about The Financial Services Authority
Who is the Financial Services Authority? (FSA)
However, to put this in context, in our experience 88% of people who apply for life insurance qualify for the initial price quoted.

The quotation provided assumes that you are generally in good health for your age, you do not have a job that represents a risk to your health, your blood-line family does not have a history of hereditary ill-health, you do not follow dangerous pursuits or regularly visit countries with known health problems and you have a generally healthy lifestyle.

If any of these assumptions do not apply, then the insurance company will want more information. They may also ask for more information if you are asking for a large sum to be insured. We think that this is all fair enough as your insurer needs to know what level of risk they are taking on in order to decide whether their original quote can stand.

If the insurance company does ask you for more details, or even to have a medical, it doesn’t necessarily mean that they will want to charge you more.

To put things in context, in our experience 88% of people who apply for life insurance qualify for the initial quoted price.

Frequently Asked Questions related to the above topic.
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