Compare life insurance quotes
As with other forms of insurance, comparing multiple life insurance quotes helps you see how premiums, cover and policy terms differ.
From comparing different policy types to comparing insurers and premium prices, every little helps when looking for the right policy to meet your needs (at a price that’s within your budget).
LifePro can help you compare life insurance policies available from its UK insurer panel, including:
How much life insurance do you need?
The amount of life insurance you need depends on your financial obligations and what you want to provide for your loved ones. A common rule of thumb is to have cover worth 10 times your annual salary, though your individual circumstances may require more or less.
Consider the following when calculating your life insurance needs:
- Outstanding mortgage balance
- Other debts and loans
- Income replacement for your family (typically 5-10 years of salary)
- Children's education costs
- Funeral expenses (typically £4,000-£10,000)
- Any specific financial goals for your dependents
For example, if you have a £200,000 mortgage, earn £40,000 per year, and want to provide 10 years of income replacement, you might need around £600,000 of cover (£200,000 + (£40,000 × 10)).
Use our comparison service to review available policies, premiums, cover, exclusions and terms from a wide range of UK insurers.
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