How to buy life insurance

How to buy life insurance

  • Find the best type of life insurance for your needs
  • Easy ways to cut the cost of a life insurance policy
  • Pitfalls to watch out for when buying a policy
  • Use life insurance to reduce your inheritance tax bill

What's in this guide

Types of life insurance policy

Which type of life insurance best suits your family's circumstances? We explain level-term, decreasing-term and whole-of-life options

Cut the cost of life insurance

Find out how shopping around, using a broker and visiting a cashback website can cut the cost of your life insurance policy

Buying cheap life insurance direct

If you want to buy life insurance direct from the provider, we round up the cheapest deals

Life insurance pitfalls to watch out for

You could pay over the odds or invalidate your policy if you fall for these common pitfalls

Friendly society life insurance policies

Friendly societies are mutual associations, owned by their members. Long-term savings plans usually include life insurance as standard.

Minimise your estate's inheritance tax bill

Discover two ways you can use a life insurance policy to cut your estate's IHT bill when you die and to speed up the probate process

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