Choosing the best life insurance in the UK
To build these lists of the best life insurance policies and companies in the UK, we combined independent reviews from Fairer Finance on each company’s claims, complaints and transparency, alongside a score for how comprehensive each of their policies are. For the over 50s policies, we only looked at the comprehensiveness of each policy, because they are guaranteed to pay out, so an insurer’s claims record is not relevant. Our aim is to help you identify the best life insurance policy based on quality indicators, not cost.
Permanent life insurance
Permanent life insurance is a more expensive option than term life insurance, but it provides lifelong coverage. It also includes a savings component, which can be used to provide a death benefit or to pay out premiums in the event of your death. Permanent life insurance is a good option for people who want to be sure that their loved ones are taken care of financially in the event of their death.