Free gifts life insurance

"Free Gifts” – This maybe an expensive Life Insurance Deal ?

 

    5 REASONS " Not to Buy Life Insurance with Free Gifts "

  1. Providers often increase their premiums to cover the cost of their ‘Free Gifts’ 
  2. Maybe £1,000’s more expensive longer term against Broker quoted premiums 
  3. Only 1 Insurer used by many providers compared by bobatoo.co.uk 
  4. May not be the most suitable Insurers plan used or comprehensive policy
  5. Not get the benefit of Professional Advice via a Financial Adviser

CONCLUSION: Don’t just base your Families future health &

well being on any ‘Free Gift’

Free Gifts with Life Insurance

LIFE INSURANCE - FREE GIFTS - BROKER DEAL TEST REVIEW 2020

  • Our Example Trial Quote was
  • £500,000 level term life insurance 30 years [quoted 3/1/2020]*
  • We Independently Tested comparison online quotes for a Male aged 40, Smoker, Fit & Healthy

broker deals

  •  We firstly quoted our 5 cheapest Broker Rate Deals with no fee discounts
  • 1) £81pm - AIG 
  • 2) £82pm - Zurich 
  • 3) £83pm - Legal General 
  • 4) £84pm - Vitality Life
  • 5) £85pm - Aegon

So cheapest broker test quote 
£500,000 level term life insurance over 30 years = AIG £81pm

We Compared against 5 Leading Life Insurance Quotes ‘Free Gift Deals 2020′

  • Post Office life insurance over 50's with giftsPOST OFFICE – Upto £50 free gift cards
  • This Provider only uses Royal London
  • Their Post Office Life Insurance Online Quote = £194pm ^
  • So £1,356pa or £40,680 – lifetime cost more expensive

  • Beagle Street life insurance over 50's with giftsBEAGLE STREET – Upto £180 Amazon free gift cards
  • This Provider only uses Scottish Friendly
  • Their Beagle Street Life Insurance Online Quote = £141pm
  • So £720pa or £21,600 – lifetime cost more expensive 

  • Marks & Spencers life insurance over 50's with gifts M&S BANK – M&S free gift Vouchers
  • This Provider only uses HSBC Life
  • Their M&S Bank Life Insurance Online Quote = £135pm
  • So £648pa or £19,440 – lifetime cost more expensive 

  • CIS Coop life insurance over 50's with giftsCOOP – Upto £50 free gift food voucher
  • This Provider only uses Royal London
  • Their Co-op Life Insurance Online Quote = £128pm
  • So £564pa or £16,920 – lifetime cost more expensive 

 


 

  • Direct line life insurance over 50's with giftsDIRECT LINE – Upto £180 
  •                                       Amazon, Love2Shop or M&S free gift cards
  • This Provider only uses AIG
  • Their Direct Line Life Insurance Online Quote = £108pm ^
  • So £324pa or £9,720 – lifetime cost more expensive 

  • These are sample Life Insurance Free Gifts trial quote comparisons v our own Broker Rates 

  • Quotes / T&C’s / gift deals may all vary online if compared in the future & premiums fully paid

  • (Lifetime Costs more expensive - All against our AIG broker test quote = £81pm )

  • ^ AIG & Royal London just offered their basic 3 Critical Illness Plan Option. HSBC None
  • Often you have to pay more than 6 months+ premiums before any gift deal applies

 

CONCLUSION: Our Broker trial quotes were Lifetime £1,000’s cheaper.

So ‘Free Gifts can proove expensive’

.Free gifts with life insurance 2020

OUR LATEST 10 TOP TIPS

‘LIFE INSURANCE FREE GIFTS’ UK 2020 

1 ]  Free £30,000 Life Insurance

  • This great gift deal for 2020 is currently via Post Office & Aviva
  • Providers offers £15,000 per any New Parent for each child & for upto 12 months
  • New Parents can apply for separate policies if under 4 years old for each child
  • 1 Insurer allows you to apply upto 8 children ie; £15,000 x 8 = £120,000 per parent
  • Terms & Conditions will apply. May not qualify if you have serious health issues

CONCLUSION: New Parents could get Free Life Insurance for upto 1 year

Free Gifts with Life Insurance

2] Free Gift Rewards via Some Insurers

  • Some Insurers like Vitality Life offer points for keeping your active Health status
  • You can earn discounts & rewards eg; Starbucks, Amazon Prime, Ocado, VUE & Virgin Gym Active
  • They also reward you chance to keep your premiums low in future by staying active & healthy

CONCLUSION: Earn rewards to those who demonstrate good long term health

3] Free Broker Help 

  • Why buy what could be your most expensive lifetime purchase, with no advice ?
  • It costs nothing ( other than your time ) to initially talk to one of our Professional Financial Advisers
  • Some have over 25 years experience in Financial Services.
  • A problem shared is a problem halved

CONCLUSION: Use our expertise to help get the gift of an ideal life insurance plan

4] Free Poorer Health Check Comparison

  • What happens if you have poor health or family history eg; Raised BMI, Diabetes, Cancer ?
  • In this instance, an Insurer maybe likely to increase your premiums to cover their higher risk
  • Our ‘Free Gift Life Insurance’ Providers list did not offer a poorer health comparison check
  • As they only used 1 Provider, you would be unable to compare if their deal is even fair
  • Our brokers may kindly contact various Underwriters to check around Competitive rates
  • We maybe able to get standard rates, whereas your Free Gift Life Insurer may not do so

CONCLUSION: Our Brokers compare Insurers deals if you have health concerns

5] Free Critical Illness Insurance Upgrade

  • Many ‘Free Gift Life Insurance’ deals also just offered their basic 3 Critical Illness plan option
  • These 3 Critical Illness plans may just cover certain types of cancer, heart disease & stroke
  • Child cover is also not included as free part of some of these deals, unlike other broker quotes
  • Some ‘Free Gift’ providers have also limited the total amount of critical illness cover allowable
  • This limit could be age dependant, or just based on a low percentage % of main life cover amount
  • Using brokers you could access a wider marketplace, higher cover levels without plan restrictions

CONCLUSION: Broker Critical Illness Deals may cover 50+ benefits ( not just 3 )

Free Gifts with Life Insurance

 6] Free Waiver of Premium Benefit access

  • Our ‘Free Gift Life Insurance’ Providers check all did not offer access to waiver benefit option
  • Waiver benefit means premiums are paid due to a longer term illness or accident
  • Premiums could be ‘waived’ after 4/8/13/26 weeks until return to work or plan end
  • It makes sense to have waiver if you have low savings, no sickpay or income PHI
  • Should you have to stop your cover, you may find it hard to get an affordable deal again

CONCLUSION: Premium Waiver ensures your cover is not at risk upon ill health

7] Free Access to Higher Age at entry limits

  • Our ‘Free Gift Life Insurance’ Providers we checked all did not allow higher age limits
  • You were often restricted to a maximum age entry & this could be as low as age 59
  • You may feel your only choice then is best over 50's life cover
  • As brokers we may offer access to alternative Providers who go upto age 85 currently

CONCLUSION: Don’t feel you have been declined life insurance cover due to age

 8] Free Vaping Smoker Life Insurance checks

  • The ‘Free Gift Life Insurance’ Providers we checked all did not offer this vaping deal
  • This means the Insurers will still class you on more expensive smoker rates if you vape
  • As brokers we may possibly offer alternative Providers who charge lower vaping costs
  • These usually apply if you have given up all nicotine products for 1 year before vaping
  • Terms & Conditions will apply as always

CONCLUSION: Contact us for deals that may offer you cheaper Vaping only rates

 Free Best Advice Insurance Policy reviews

  • The ‘Free Gift Life Insurance’ Providers we checked all did not offer broker support
  • What happens if you already have life insurance that you are thinking of stopping ?
  • Since then your situation has changed eg; you have a new partner or got married
  • You are now thinking of having a joint policy instead to replace a single life insurance
  • Or you have an existing critical illness lifecover & this newer deal seems cheaper
  • By dealing with a broker you can discuss over your best options moving forwards

CONCLUSION: Please freely access our Professional Advice when arranging your Life Insurance

10] Free Access to Range of Life Insurers

  • Don’t restrict yourself to 1 Insurer, a limited product range & higher costs all just for a ‘free gift’
  • Independant Brokers can help you source a competitive deal especially if you have any health concerns
  • By dealing with a broker you can discuss over your best options moving forwards
  • Note: We get paid a commission advice fee for only arranging a policy once setup via the Insurers

CONCLUSION: Makes sense to compare a range of Life Insurance Company deals not just 1 Insurer

CONCLUSION: Should I buy a Life Insurance with Free Gifts Cards ?

No, as you may already guess, we don’t think just getting a Free Gift Card should determine your Life Insurance.
Our research has shown it could work far more expensive £££ in the longer term

Free Gifts with Life Insurance

Free Gifts with Life Insurance - Review 2020 

 

Broker advice comparing Life Insurance & Free Gifts



 

 

 

 

 

 Life Assurance Free gifts
Disabled Persons Life Assurance Quotes

Life Insurance with Free Gifts

 

 

 

 

 

 

 

 

 

 

 
 
 
Home
Income Protection
Critical Illness
Life Insurance Quote
Term Life Cover QUOTE
Buying Life Insurance - FAQ
Over 50 - Whole Life Insurance QUOTE
Over 50 - Term Life Cover QUOTE
Over 40 - Life Insurance QUOTE
Family Income Benefit Insurance - FAQ
Business Protection - FAQ
Small Business Insurance QUOTE
Health Underwriting Problems - FAQ
Top 10 Tips Life Insurances
Mortgage Protection
Compare Insurer

 

Linkedin Martyn Spencer Calculate Button 1 Broker Help ~ Life Insurance Cover Quotes Insurance Take Care of YourselfGreat Ormond Street Charity FundraiserUk Life Insurance Quotes 2020

This website is intended for UK consumers & any information contained therein is for Generic Guidance only and is not to be construed as advice. 
For protection we offer products based on a fair and personal analysis

By completing one of our no obligation quotation request forms, you may be provided with comparison protection quotes, key facts from leading Providers - based just on the basic information you have provided. Note: These quotes will not take account of any personal, health or lifestyle issues unless a full application is completed. You also consent for us to then kindly contact you by phone - where we may offer Professional Broker help & guidance if needed. We may as appropriate then help to arrange a suitable protection policy based upon your own circumstances & needs after a further review by "advice & recommendation". This will usually be on a non face to face basis.

 For products with an investment element we will introduce you to an authorised adviser. We act as introducers for Accident, Sickness and Unemployment and Mortgage Payment Protection Insurance plans. We may also introduce you to other selected professional partners for other protection or legal products as deemed appropriate. Online Dispute Resolution (ODR) - https://webgate.ec.europa.eu/odr/main/index.cfm?event=main.home.chooseLanguage. Financial Ombudsman. https://www.financial-ombudsman.org.uk We nominate to fundraise for Great Ormond Street Hospital Charity.

UK Life Insurance Quotes is a trading style of Martyn Spencer which is an appointed representative of Sesame Ltd which is authorised and regulated by the Financial Conduct Authority FCA. FCA Register No: 416331

Secure Data Protection Here at Uk Life Insurance Quotes we take your privacy seriously. Subject to GDPR rules 2018 - We will only use your personal details provided to help provide & arrange the various products & services you have requested via us as brokers. We are registered to comply with the 2018 General Data Protection Regulation GDPR / Sesame re GDPR / IDD. Personal information is secure online, not misused or sent via spam. T&C:Cookies   
* Note: re any 3'rd Party Website links - You are now leaving the regulated site of Uk Life Insurance Quotes.
Neither ourselves, nor Sesame Ltd, is responsible for the accuracy of the information contained within the linked site. 

Uk Life Insurance Quotes 2020
Broker Registered Office: Clyde Cottages Stafford ST20 0BU  

 
www.intergage.co.uk
www.webdesigninhampshire.co.uk