RSS Feed8 useful tips for buying life insurance
By Laura Starkey
If you're in need of life insurance but have no idea how to go about buying a policy, these tips should help you find the right deal.
If you've reached the stage in your life where life insurance is a must-have financial product, the next step is finding a policy that will suit you.
However, searching for life insurance isn't always a simple task. The array of different options available to you may feel daunting, and there are many things you must consider to make sure you choose a policy that properly reflects your needs.
In this article, I'm going to offer eight tips that should help anyone on the hunt for a new life insurance policy.
1. Don't delay
If you know you need life insurance, don't delay buying a policy. If you are young and healthy, it will be cheaper for you to buy life cover now than it might be in a few years' time.
This is because all insurers base the price of customers' premiums on risk assessment – and in the case of life insurance, the key risk considered is how likely it is you will die.
2. Shop around
It's a good idea to shop around when buying any form of insurance, and life cover is no exception.
Shopping around is important because not all insurers assess risk in the same way. For example, insurance companies tend to increase prices for customers who don't have a healthy body mass index, but not all will add the same 'load' to an overweight customer's premium. (You can read more about this here.
Many mortgage lenders offer life insurance to their customers, but buying from them may mean you don't get the best deal. This is because lenders tend to be tied to just one insurance provider and are unable to scour the market.
If you're looking to compare life insurance deals, BeatThatQuote.com's life insurance service could put you in touch with an independent, whole-of-market broker who will help you find the cover...
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Joint Term Life Insurance Uk- News
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Affordable Life Insurance Alliance to NAIC: AG 38 Framework Shows Positive Signs Insurance News Net (press release) table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHjLXDN-f4eXm3NrCgIN7NtEVtivAamp;url=http://insurancenewsnet.com/articleNews.aspx?id%3D327993bAffordable bLife Insurance/b Alliance to NAIC: AG 38 Framework Shows Positive Signs/b/abr /font size=-1bfont color=#6f6f6fInsurance News Net (press release)/font/b/fontbr /font size=-1The NAIC#39;s draft framework comes after the organization#39;s Executive Committee opted to create a bjoint/b working group made up of members of the bLife Insurance/b and Annuities Committee and the Financial Condition Committee, which is chaired by Kitzman./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFqCkrLFOu-sFb5NYL9tZOLxP2LGgamp;url=http://www.lifehealthpro.com/2012/01/31/ag-38-comment-letters-let-pbr-fly-be-careful-of-taAG 38 Comment Letters: Let PBR Fly, Be Careful of Tax Issues/afont size=-1 color=#6f6f6fnobrLifeHealthPro/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dFYaFlcF5eXIomM6R19MzNEXuD5CMnobrball 2 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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Indian insurance plans attract investors gulfnews.com table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEuR_Rutds975Go6Dxgd6VAXKMUqgamp;url=http://gulfnews.com/business/banking/indian-insurance-plans-attract-investors-1.973077img src=//nt0.ggpht.com/news/tbn/4BhWj7ezLEEt5M/6.jpg alt= border=1 width=80 height=80 /br /font size=-2gulfnews.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEuR_Rutds975Go6Dxgd6VAXKMUqgamp;url=http://gulfnews.com/business/banking/indian-insurance-plans-attract-investors-1.973077bIndian binsurance/b plans attract investors/b/abr /font size=-1bfont color=#6f6f6fgulfnews.com/font/b/fontbr /font size=-1By Manoj Nair, Associate Editor Recent changes have helped make India the cheapest market in Asia for blife insurance/b, HDFC#39;s Anup Rau says. Dubai: It is taking its time, but there seems to be a recovery of sorts in Indian investor interest in life b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dQuC06_l1hJSLaMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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Oritani Financial Corp. Announces 2nd Quarter Results and Dividend MarketWatch (press release) table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH_20FZh1IG_SGrAUYvYK-1vtjNOQamp;url=http://www.marketwatch.com/story/oritani-financial-corp-announces-2nd-quarter-results-and-dividend-2012-01-30bOritani Financial Corp. Announces 2nd Quarter Results and Dividend/b/abr /font size=-1bfont color=#6f6f6fMarketWatch (press release)/font/b/fontbr /font size=-1These decreases were partially offset by increases in income from bank owned blife insurance/b and net income from investments in real estate bjoint/b ventures. Income from bank-owned blife insurance/b increased by $245000 to $804000 for the six months ended b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dFvcsxnQ0xb6LOMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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IndiaFirst Life Insurance launches Autolife Business Standard table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFcanlE8RYnvmSNw0qsaIVadSz8GAamp;url=http://www.business-standard.com/india/news/indiafirst-life-insurance-launches-autolife/463002/bIndiaFirst bLife Insurance/b launches Autolife/b/abr /font size=-1bfont color=#6f6f6fBusiness Standard/font/b/fontbr /font size=-1IndiaFirst bLife Insurance/b, a bjoint/b venture of Bank of Baroda, Andhra Bank and Legal amp; General of bUK/b, here on Friday launched #39;Autolife#39;, which provides blife insurance/b cover for automobile customers. For the sale of the new product, the insurance b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH8fEb3Mk9E8jE_y5iaNy6DbnxdgAamp;url=http://www.thehindubusinessline.com/industry-and-economy/banking/article2836597.ece?ref%3Dwl_industry-and-economyIndiaFirst launches binsurance/b plan for vehicle-buyers/afont size=-1 color=#6f6f6fnobrHindu Business Line/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEZumhVNULhKFySiIOU1pkUMVdgswamp;url=http://www.thehindu.com/business/article2837471.eceIndiaFirst in tie up with Varun Motors/afont size=-1 color=#6f6f6fnobrThe Hindu/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHi4-13TUwlTkibayvT3nNYEZkafwamp;url=http://ibnlive.in.com/generalnewsfeed/news/indiafirsts-new-plan-life-cover-and-car-buy-at-same-spot/956605.htmlIndiaFirst#39;s new plan: bLife/b cover and car buy at same spot/afont size=-1 color=#6f6f6fnobrIBNLive.com/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEqwCBHuVb6oE3lQNkju4Ir4B6t4Aamp;url=http://www.myiris.com/newsCentre/storyShow.php?fileR%3D20120127144332200%26dir%3D2012/01/27nobrMyiris.com/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dlD6MK8uroDNzDMVYFzjl4lKhNSuMnobrball 11 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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Northwestern Mutual Announces 2011 Financial Results MarketWatch (press release) table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFAv9oj2UF37G290rqJ9sRv5f7gjgamp;url=http://www.marketwatch.com/story/northwestern-mutual-announces-2011-financial-results-2012-01-26bNorthwestern Mutual Announces 2011 Financial Results/b/abr /font size=-1bfont color=#6f6f6fMarketWatch (press release)/font/b/fontbr /font size=-1Northwestern Mutual said that it expects again to lead the US insurance industry by a wide margin in total blife insurance/b, long-bterm/b care and disability insurance dividends paid. It expects to pay approximately three times the ordinary blife insurance/b b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=d4zcrfDlFthxHkMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
