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Life Insurance policies

Posted: Mon Jan 08, 2018 9:35 pm
by Stevoraith
Is there much competition between providers of life insurance policies?

I moved house just over a year ago and used a local broker to get a new mortgage deal.
I was very happy with the mortgage deal I got but didn’t realise until after the fact that the insurance policies he provided were not sourced from ‘the whole of the market’.
In fact the only insurer he worked with was Legal and General.

I’m spending a significant sum every month on a decreasing life insurance policy for myself and one for mrs T, an increasing income protection benefit policy and a family and personal income plan.

These aren’t the sort of things I’d feel comfortable buying online without advice so does anyone know if there are significant savings to be made by contacting a broker who has access to more insurance providers?

Thanks in advance 👍🏼

Re: Life Insurance policies

Posted: Mon Jan 08, 2018 9:50 pm
by campbell
My IFA set up and monitors these for me.

Re: Life Insurance policies

Posted: Mon Jan 08, 2018 9:51 pm
by Dominic
BigD prob worth speaking to :thumbsup

Re: Life Insurance policies

Posted: Tue Jan 09, 2018 2:18 pm
by Stevoraith
Thanks guys, I’ll give BigD a shout and see if he can help.