It’s important to choose the right level of life insurance cover for you and your family. This means thinking about your budget and how much you’re willing to pay in life insurance premiums. Also consider your family’s financial situation - if you were to pass away, how much life insurance would they need to cover debts and manage ongoing household expenses, and for how long?
If you’re wondering how to buy life insurance, consider buying it directly from an insurance provider. You can usually apply and if accepted, get immediate cover online or over the phone in just a few minutes. All you need to do is answer some questions about your health and lifestyle.
While many life insurance providers offer the option to pay your life insurance premiums weekly or monthly, it’s often cheaper to pay life insurance premiums annually. So ask your life insurance provider if any discount applies when you choose annual life insurance premium payments.
Some life insurance providers also offer discounts if your partner takes out life insurance as well.
As long as you keep paying your life insurance premiums, your life insurance cover will continue until you reach a certain age. Some expire when you turn 80 as by then your liabilities are likely to be minimal.
With any insurance, it’s important to be aware of exclusions on your life insurance policy before you buy. For example, your life insurance may not cover suicide or intentional self-injury at all, or for a specified time.
If you'd like to buy life insurance from Insuranceline, you can get a quick quote online or call 13 77 87 and one of our friendly staff can assist you.