Life Assurance

wellsie82

Wondered if anyone could recommend a decent and cheapish company to provide a quote for Life Assurance.

It's for a joint policy to cover £100k over 30 years, ideally we'd like to be able to do this over the net through GreasyPalm of Quidco to try and get some cashback

Thanks in advance :beer:

MortgageMamma

Depends what type of cover you want. but personally, I dont see the point in taking cover without advice, as you could be buying something really naff.

dunstonh

Life assurance is a generic term covering a number of different types of product.

Level term asssurance
decreasing term assurance
pension term assurance
pension decreasing term assurance
family income benefit
convertible term assurance
renewable term assurance
whole of life

There are others but they are the more common ones.

Once you purchase life cover, you often require an appropriate trust to make sure that you avoid inheritance tax on the sum assured. There is little point paying for £100k of life cover when £40k of it goes straight to Gordon Brown leaving your children with £60k when it only takes a piece of paper to stop that happening.