cheap life insurance- what is term insurance

Term assurance policies are based firstly on the length of the agreed period the cover is required. Secondly the premiums are based on the age of the individual, the younger one is, generally the cheaper the premiums are. Other factors also come into account based for example - smoker or non smoker etc.

Since this is the most common type of cover, virtually all companies in the industry offer this policy as their basic product. Since it is the main area of business, these companies are continually competing against one another which is is good for you the consumer as this competition makes the prices one pays for cover very competitive.

To get a quote on term insurance, the most popular form of life insurance click on the 'Get A Quote' button on the left of this page