Radio Times money is proud to have partnered with Cavendish Online, the UK’s leading discount life insurance broker, to bring you the cheapest route to life insurance in the UK. This means you could save hundreds, if not thousands of pounds over the term of your policy!
What is life insurance?
Simply put, life insurance is a type of financial product which enables you to leave money behind for your loved ones when you die.
Some of the most common uses for life insurance pay outs are to cover large outstanding debts, such as mortgages, or simply to provide a financial safety net for families and help maintain standards of living.
Term based life insurance provides cover over an agreed period time (e.g. 10 years) - this is your ‘policy term’. Typically, you will pay monthly premiums throughout the policy term.
How much a life insurance policy costs depends on a number of factors, including your health and lifestyle information, how much cover you’d like and how long for, as well as the type of policy you opt for.
There’s a life insurance policy out there to suit a range of needs and budgets. You might even be surprised by how affordable life insurance can be.