Are you paying too much for your life insurance?
EFPG now has access to life insurance policies provided by AIG. This is good news as AIG provides some of the best protection and at some of the lowest premiums in the market.
If you have arranged life insurance protection in the past there is a very good chance that the same amount of protection is now available at lower cost. Alternatively for the same money higher levels of protection may be available.
Let’s look at an actual example as it affected one of our clients. Just 2½ years ago one of our clients took out £150,000 of life insurance costing £25.25 per month. This was the lowest cost cover we could obtain at the time. We have just arranged new cover for this client with AIG for £200,000 (33% more), for a policy term that is five years longer, and for a premium of £15.19 per month, a saving of over £120 a year.
If that client had decided to continue paying the same premium over the same term as before then cover from AIG of £436,807 would be available - £286,807 higher.
To see if you can benefit from lower premiums, or from more cover for the same premium, please contact EFPG. We can also help you with a free wider review of your life and sickness insurance cover.
Remember, life insurance which can provide financial security for your family and dependents can be very cheap - less than the price of a cup of coffee a day.