Life insurance quotes online instant. Compare Cheap Life Insurance Quotes at GoCompare

Buying life insurance can seem a bit daunting so we've made it as simple as we can. Cheap life insurance.

Our partner Assured Futures can give you free and impartial advice while makes comparing policies straightforward.

If you'd prefer to speak to an adviser before you start, you can call 0800 808 6907

or you can request a call back by filling in a simple online form. All we need is your contact details and the time you'd like to chat.

Types of life insurance

You have a choice of life insurance policies:

Term life insurance - you'll be covered for a certain period of time

Decreasing term life insurance - your premiums decrease yearly, usually matching up to your mortgage repayments

Life insurance claim

Whole of life insurance - a bit more expensive but this will cover you for the rest of your life

Convertible life insurance - you'll be on a fixed term policy that allows you to switch to a whole of life policy when you reach the end of it

Life insurance for over 50s

If you're aged between 50 and 79, you're guaranteed to be accepted for an over 50s life insurance policy - you don't even need to have any medical assessments.

You'll be covered for the rest of your life but you'll stop paying premiums when you reach 85 or 90.

You'll also have to go through a qualifying period which usually lasts one or two years. If you die within this time, your beneficiaries will only receive the amount you've paid in premiums.

How much life insurance cover do I need?

If you're struggling to work out how much cover you should take out, it's a good idea to talk to a financial adviser.

20 year term life insurance rates

You might also find our life insurance calculator handy - it'll pop up when you're getting a quote.

Or you can work out how much cover to get by following these steps:

Note down how much outstanding debt you have - this should include your mortgage

Work out how much you contribute towards your household income and your family's needs

You can try to match this amount with your cover but bear in mind that your premiums may get pretty expensive

Think about how much you can afford to pay out for life insurance

Term life insurance terms

Consider any other sources of income that your family receives, like another salary

Balance the amount of cover you need with the amount you can afford

Find out more

We have plenty of guides available - you can find out more about calculating the cover you need, how the life insurance industry works, funeral plans, making a will, whether you should write a policy in trust, if you should consider holding multiple policies, and options for older people, as well as high-risk groups and those with existing medical conditions.

There's also lots to read on lesser-known areas of life insurance, including gift inter vivos, terminal illness cover, waiver of premium, Family Income Benefit and relevant life plans.
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