Life insurance quotes

anupampaul

Has anybody got any experience with the insurer Brightgrey, who seem to be coming up with the cheapest life insurance quotes through Cavendishonline as well as Moneyworld? I haven't heard about this company before, so a bit hesitant. They are quoting approx. £3-£5/mth cheaper than Aviva. Many thanks.

kingstreet

BG is one of the Royal London brands, same as Scottish Provident. They should be fine.

Ensure you are comparing "like with like" such as guaranteed, not reviewable rates.

dunstonh

I haven't done any life assurance recently (although my mortgage advisers have). BG haven't been coming out top for a while now after a period when they did have good pricing. Although unisex rates may have something to do with a short term switch around with some providers having already moved to unisex rates whilst others are giving it just a few more days.

ACG

Ive used Bright Grey with clients before now.

GhIFA

Have used them with clients and have cover with them myself.

weighty1_2

Bright Grey are a very reputable company.

Just be aware though, they launched a product range called "Lifestyle Plus Protection" several months ago. This is a budget proposition which has certain features removed, including the guaranteed insurability options which allow you to amend the level of cover without further medical evidence if your personal circumstances changes, such as the birth of a child or increasing your mortgage and also has a watered down critical illness plan which covers less conditions and has more stringent claims definitions than the standard Bright Grey plan.

fabsternation

Thanks - this is exactly what I was looking for in the forums as have canceled my Friends Life policy out of protest of #Nic'sFight and Bright Grey are coming up as the cheapest at £53 (although my Friends Life policy was only £17 per month!)

Anyone else suggest a reputable company? I've had a double fused spine with ongoing back pain, but other than that, leading a healthy life

Thanks if you can help

dunstonh

Thanks - this is exactly what I was looking for in the forums as have canceled my Friends Life policy out of protest of #Nic'sFight and Bright Grey are coming up as the cheapest at £53 (although my Friends Life policy was only £17 per month!)

You do realise that Friends Payout stats are comparable with BG and that the issues are not as clear cut as the post suggests.

Anyone else suggest a reputable company?

Friends Life have a good reputation and tend to find the balance between premium and cover.