The Life Insurance Library

Life Insurance is Now Cheaper!

The cost-of-living crisis has taken hold. Since Christmas, more than 8 in 10 adults have reported an increase in their cost of living. It feels like everything is getting more expensive. Well, if you’ve been thinking that you aren’t wrong and you’re certainly not alone. Over 77% of UK adults say that rising costs are a concern. Statistics from the UK government show just how expensive life is getting.

What’s Been Rising?

Food Shopping – Up 90%

Gas & Electricity – Up 79%

Price of Fuel – 71%

What’s Not Rising?

Life Insurance – Down an average of 21%

Insurance providers get a pretty poor rep. But, it’s actually a misconception that insurers don’t care about their customers. In fact, no insurer that we work with pays out fewer than 96% of their claims. Find out how much each insurer pays out here.

See, they’re not so bad after all. In addition to this, they’re now coming to the rescue during the cost-of-living crisis. From the 1^st of June 2022, many insurers have lowered their rates to aid customers during this crisis.

So, if you have an existing life insurance policy, get a free policy review and see if you can save some of your hard-earned money.

Switch and save today!