The article suggests that you quit smoking as smokers have to pay considerably more for their insurance policies, switch your user on a regular basis and that you make sure you buy your insurance online where you can normally make a saving!
"1 Don't buy it
You need life insurance for things such as paying off your mortgage should you die. If you are single, then it's rather pointless. Who will the payout go to? Don't be mugged by mortgage "advisers" who insist that you have to buy insurance products when you take out a home loan. You don't. They do it to earn commission. They'll also try to flog you expensive critical illness or "income protection" policies.
If you have children and a non-earning spouse, life insurance is rather more important. But check out what your employer pays out should you die. Many companies have generous "death in service" benefits which will pay out three-to-four times annual salary if you die – and in some cases as much as seven times. While you remain in employment, you may wonder why you are also paying separately for a life insurance policy"
For more help and advice why not take a look at some of our help guides, including Life Insurance FAQ's and our how much could you save? table.
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