When searching for life insurance it is important to ensure you get quotes that are comparable, in the life insurance industry not all policies are created equal.
Typically people compare Life Insurance Quotes on price only which is a huge mistake, you must compare life insurance quotes on price as well as exclusions, after all there is no point being insured at a cheaper rate but not being covered for the things you need to be covered for.
So here are 5 tips when getting quotes for life insurance.
1. Read the small print.
2. Make sure when comparing, things like stand down periods or excess are the same, these features make a huge difference to the cost of a Life Insurance Policy.
3. Shop Around.
4. Don’t get a quote for too much insurance.
5. Do not under insure.