Cheapest Life Insurance Uncovered

Cheapest Life Insurance Uncovered

Getting the cheapest life insurance is not just about comparing every life insurer quote, that just step one, it’s then all about the discount! If you really want to save thousands, the single most important thing is to get the “maximum discount” on your chosen life insurance and below we will explain how!

How to Maximize your Life Insurance Discount

The only way to truly maximize your discount is to use an online broker, but not just any online broker, but the one that offers all of the following:

1. Discounts based on the cheapest market price of all the leading life insurance companies, or in other words a cheapest market price match.

2. The highest percentage discount on all life insurance quotes, without any minimum cover level restrictions.

3. A full term discount for the entire life of your life insurance policy.

Online Comparison Tips

The best online brokers will not only provide full market comparison quotes but, display your cost savings against the cheapest market premium!

You should be looking for at least a 20% discount against this cheapest market price shown which should be clearly visible when you run your quote on their website, and that’s 20% off the cheapest market price!

Additional cost-saving tips

Again, whilst maximum premium discounts will bring you the biggest long-term life insurance savings, other methods exist that can further aid affordability as outlined below:

1. Include a Conversion Option
Buying shorter-term cover will also affect the cost, so rather than opting for cover to say age 90, opt for cover to retirement age, with a Conversion Option built in to extend later.
2. Seek a Free Cover period
Many leading life insurance companies offer this first month free, so look for this added cost-saving whenever you’re comparing life insurance quotes.
3. Review any health rating
If you’re paying a higher premium due to a past or even current health issue, but your health has not declined since, then it’s worth reviewing, as we also discount health rated policies.
4. Backdate your policy
Backdating your policy start date can often save you money if you have recently passed a birthday as paying an extra month’s premium is often cheaper than paying a higher long-term premium.
5. Quit smoking
Finally, easier said than done, but giving up smoking including e-cigarettes for 12 consecutive months will allow you to achieve much lower non-smoker rates for the full term of your chosen policy.

What life insurance costs savings does OneQuote.ie offer?

OneQuote.ie automatically discounts all life insurer quotes by up to 25%, matched to the cheapest market provider quote, with no minimum level of cover required on both Life Insurance and Mortgage Protection policies. We compare all 5 leading life insurance providers, so you will get the best policy benefits too, ot to mention the first month is free!

How can online brokers beat the Insurers own online discounted price?

Online life insurance brokers can choose to beat direct insurer quotes, once they are willing to sufficiently reduce their commission! Whilst online brokers reduce their commission to pass on savings to their customers, some offer better discounts than others!

For more information

Contact: Ken O’Gorman – Director – QFA, Life Insurance Specialist – One Quote Financial Brokers on: 01 845 0049 or call me directly on: 087 665 8516.

There is no charge for advice or quotes nor any obligation to proceed and our promise is to beat all competitor offers!

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