Best Life Assurance Quotes

WWW.BESTLIFEASSURANCE.CO.UK

Rates last update: 27 August 2016

A basic life assurance provides many people with the peace of mind that their loved ones will not be burdened with financial worries just at the time of bereavement. For most customers setting up a life assurance is not expensive provided you are not seriously ill.

Here is a table of the most competitive rates for a range of cover levels and policy terms, including whole of life that runs for the rest of your life. This will provide some ideas of how much the cover could cost and what might be within your budget. It’s always best to compare life assurance quotes before buying to check you are getting the best deal.

Best Life Assurance Quotes – Non-Smokers (which means you haven’t used any tobacco products or e-cigarettes within the last 12 months)
£50,000 Life Assurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)£4.95£4.95£4.95£4.95£4.95£4.95£5.37£6.19£6.78£17.58
Age 35 (n/s)£4.95£4.95£4.95£4.95£5.32£6.19£6.98£8.34£9.43£20.22
Age 40 (n/s)£4.98£5.43£5.76£6.15£6.90£7.95£9.51£12.12£15.60£25.07
Age 45 (n/s)£6.51£6.93£7.48£8.38£9.66£12.00£14.23£18.70N/A£30.23
Age 50 (n/s)£8.75£9.50£10.78£12.36£14.84£18.67£25.25N/AN/A£39.60
Last Updated: 27 August 2016 (Source: PayingTooMuch.com)

£100,000 Life Assurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)£4.99£5.20£5.45£5.78£6.22£6.82£7.61£8.75£10.01£30.24
Age 35 (n/s)£5.99£6.33£6.67£7.10£7.85£9.15£10.53£12.61£15.30£37.51
Age 40 (n/s)£7.44£8.12£8.75£9.68£11.19£12.99£15.83£18.62£25.40£47.16
Age 45 (n/s)£10.33£11.05£12.35£14.52£17.10£20.43£20.45£33.30£66.45£57.85
Age 50 (n/s)£15.24£16.81£19.32£23.02£22.88£28.05£44.60N/A£22.88£75.04
Last Updated: 27 August 2016 (Source: PayingTooMuch.com)

£200,000 Life Assurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)£7.72£7.93£8.38£8.76£9.79£10.84£11.92£13.53£14.12£54.03
Age 35 (n/s)£9.47£9.92£10.86£11.66£13.28£14.96£17.54£20.90£21.00£66.73
Age 40 (n/s)£12.24£13.56£14.87£16.60£19.88£22.22£21.14£27.76£44.46£85.11
Age 45 (n/s)£17.94£19.30£21.87£21.75£25.32£29.65£36.25£55.83N/A£104.65
Age 50 (n/s)£25.98£27.17£30.93£35.62£42.43£50.83£76.19N/AN/A£136.63
Last Updated: 27 August 2016 (Source: PayingTooMuch.com)

£500,000 Life Assurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)£15.85£16.26£16.69£17.67£19.81£22.68£20.53£24.27£28.07£119.46
Age 35 (n/s)£19.47£21.07£20.16£21.39£23.59£26.23£30.60£38.09£46.40£147.10
Age 40 (n/s)£26.70£26.93£29.21£32.03£36.15£40.81£47.91£61.53£100.24£189.48
Age 45 (n/s)£39.54£40.10£44.80£49.91£58.68£68.63£81.22£130.93N/A£233.33
Age 50 (n/s)£59.52£62.91£72.12£83.61£99.06£116.41£181.28N/AN/A£305.98
Last Updated: 27 August 2016 (Source: PayingTooMuch.com)

Best Life Assurance Quotes – Smoker Rates (which means you’ve used tobacco products or e-cigarettes within the last 12 months)

£50,000 Life Assurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (s)£4.95£4.97£5.28£5.69£6.17£6.87£7.91£9.19£10.88£26.45
Age 35 (s)£5.82£6.19£6.70£7.41£8.46£9.40£10.85£13.92£16.02£30.73
Age 40 (s)£7.73£8.53£9.38£10.87£12.17£13.96£16.15£18.86£27.04£38.66
Age 45 (s)£11.09£12.57£14.30£16.74£19.38£22.54£25.09£33.03N/A£48.42
Age 50 (s)£18.35£20.93£21.35£24.25£27.95£34.12£45.86N/AN/A£64.95
Last Updated: 27 August 2016 (Source: PayingTooMuch.com)

£100,000 Life Assurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (s)£6.92£7.39£7.78£8.70£9.66£11.07£12.33£15.21£17.82£45.99
Age 35 (s)£8.90£9.79£10.74£12.27£14.24£16.77£18.44£22.56£24.19£57.60
Age 40 (s)£12.83£14.23£16.20£19.31£22.37£20.35£24.50£30.31£47.16£73.35
Age 45 (s)£19.55£20.91£23.25£26.42£30.10£34.78£45.05£59.58N/A£93.37
Age 50 (s)£31.13£34.18£38.77£44.34£51.07£61.67£84.93N/AN/A£123.88
Last Updated: 27 August 2016 (Source: PayingTooMuch.com)

£200,000 Life Assurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (s)£11.30£12.19£13.45£15.17£16.92£19.01£20.29£20.63£24.94£82.70
Age 35 (s)£15.02£17.32£18.74£21.70£21.25£23.46£27.85£33.36£44.01£103.03
Age 40 (s)£22.78£24.03£26.84£30.12£33.69£38.22£45.89£56.48£90.80£132.95
Age 45 (s)£35.89£39.09£43.76£50.04£57.35£66.51£84.41£117.00N/A£169.53
Age 50 (s)£55.72£65.18£74.28£85.31£98.63£119.33£172.20N/AN/A£226.27
Last Updated: 27 August 2016 (Source: PayingTooMuch.com)

£500,000 Life Assurance10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (s)£24.99£24.72£25.92£28.76£31.67£34.82£40.84£47.38£56.51£183.66
Age 35 (s)£33.27£35.60£38.27£43.29£48.80£54.26£64.92£75.81£97.30£227.96
Age 40 (s)£53.00£55.28£62.20£70.25£79.03£90.12£106.39£119.64£214.50£296.86
Age 45 (s)£82.52£91.85£103.30£118.65£136.52£156.33£190.83£289.50N/A£378.95
Age 50 (s)£134.29£155.27£177.46£204.35£234.07£275.09£400.68N/AN/A£507.86
Last Updated: 27 August 2016 (Source: PayingTooMuch.com)

Policy Types

Level Term Life Assurance

Level term life assurance provides a fixed pay-out on death if death occurs within a fixed number of years that you select at outset. For example if you are 35 and you buy a 20 year £50,000 policy, then should you die between the ages of 35 and 55 the life cover will payout £50,000. If you die aged 56 then nothing would be paid as the policy would have expired.

As you become more likely to die with age, the longer the term of the policy, the older you are when the policy finishes, the more likely the insurer might be to pay-out and hence the higher the premium.

Term life assurance has a very real chance that it will not pay-out, which means (good news) you’re unlikely to die during the term.

Whole of Life Assurance

Whole of life assurance means that once the policy starts (at a fixed premium forever), you carry on paying the premiums until either you decide you don’t need the cover any more or you die. The cover can never be withdrawn by the insurance company no matter how old you are.

Interestingly the oldest person yet to have lived died aged 122 years. Had they had a whole of life cover it would then have paid out, (unlike a term life cover).

Uses of Term vs. Whole of Life Assurance

Term life assurance is usually used to cover shorter term risks which can include loans and mortgages which should be repaid immediately on death. Term assurance is also used to protect children who (in theory) become independent adults eventually and less reliant on Mum and Dad for emotional and financial support. In the same way term cover is used to protect maintenance payments to divorced couples where children are being supported.

Whole of life assurance is used where the primary motive is to protect a partner for life which includes your wife or husband. Secondary uses of whole of life are for estate protection where there is a possibility of inheritance tax becoming due.

In summary there is no substitute for obtaining a personal assurance quote which will be based on your own date of birth and using today’s most up to date rates from a wide panel of the UK’s top insurers.