Chimat can help you access life policies not available on the main comparison sites with a lower cost of life insurance, and no compromise on the quality of cover.
- £100,000 life insurance policy with a 20-year term for as little as £6 per month.
- Free, no-obligation service.
- The cost of life insurance is tailored to your current lifestyle with your chosen provider.
- A policy length is suitable for your family circumstances.
Please complete the online form below to get a quote:
Top 5 Insurers for a 25 Year Old for 10 Years for £100,000 cover
| Insurance Company | Non-Smoker Monthly Cost (£) | Smoker Monthly Cost (£) | Star Rating |
|---|---|---|---|
| Liverpool Victoria | 6.21 | 9.75 | ★★★★★ |
| Aviva | 6.35 | 9.90 | ★★★★☆ |
| Royal London | 6.50 | 10.25 | ★★★★☆ |
| VitalityLife | 6.75 | 10.50 | ★★★☆☆ |
| Legal and General | 6.90 | 10.75 | ★★★☆☆ |
Top 10 Insurers for a 30 Year Old for 15 Years for £100,000 cover
| Insurance Company | Non-Smoker Monthly Cost (£) | Smoker Monthly Cost (£) | Star Rating |
|---|---|---|---|
| Zurich | 6.21 | 9.75 | ★★★★★ |
| Legal and General | 6.35 | 9.90 | ★★★★☆ |
| Liverpool Victoria | 6.50 | 10.25 | ★★★★★ |
| Royal London | 6.65 | 10.50 | ★★★★☆ |
| Scottish Widows | 6.80 | 10.75 | ★★★☆☆ |
| VitalityLife | 6.90 | 11.00 | ★★★☆☆ |
| Aegon | 7.00 | 11.25 | ★★★☆☆ |
| AIG | 7.10 | 11.50 | ★★★☆☆ |
| Nationwide | 7.20 | 11.75 | ★★☆☆☆ |
| Aviva | 7.30 | 12.00 | ★★☆☆☆ |
Top 10 Insurers for a 35 Year Old for 20 Years for £100000 life insurance cover
| Insurance Company | Non-Smoker Monthly Cost (£) | Smoker Monthly Cost (£) | Star Rating |
|---|---|---|---|
| AIG | 10.21 | 15.45 | ★★★★★ |
| Zurich | 10.50 | 15.75 | ★★★★★ |
| Scottish Widows | 10.75 | 16.00 | ★★★★☆ |
| Legal and General | 10.90 | 16.25 | ★★★★☆ |
| Liverpool Victoria | 11.00 | 16.50 | ★★★★☆ |
| VitalityLife | 11.15 | 16.75 | ★★★☆☆ |
| Nationwide | 11.25 | 17.00 | ★★★☆☆ |
| Aegon | 11.50 | 17.25 | ★★★☆☆ |
| Royal London | 11.75 | 17.50 | ★★★☆☆ |
| Aviva | 12.00 | 17.75 | ★★☆☆☆ |
Top 10 Insurers for a 40 Year Old for 25 Years for £100000 life insurance cover
| Insurance Company | Non-Smoker Monthly Cost (£) | Smoker Monthly Cost (£) | Star Rating |
|---|---|---|---|
| VitalityLife | 13.21 | 18.45 | ★★★★★ |
| Aegon | 13.50 | 18.75 | ★★★★★ |
| Zurich | 13.75 | 19.00 | ★★★★☆ |
| Aviva | 13.90 | 19.25 | ★★★★☆ |
| Liverpool Victoria | 14.00 | 19.50 | ★★★★☆ |
| Legal and General | 14.15 | 19.75 | ★★★☆☆ |
| Scottish Widows | 14.25 | 20.00 | ★★★☆☆ |
| Royal London | 14.50 | 20.25 | ★★★☆☆ |
| Nationwide | 14.75 | 20.50 | ★★☆☆☆ |
| AIG | 15.00 | 20.75 | ★★☆☆☆ |
Cash Lump Sum £100000 Life Insurance Cover
When people are looking for a life insurance quote, the question they should be asking first is, how much life insurance do I need? Many people are looking for a £100k life insurance quote because they think £100,000 is a lot of money and fear life insurance costs.
The reality is that £100,000 of life insurance is such a small amount of money it is appropriate for very few people.
If you have only one older child and you have a very small or no mortgage, a smaller tax free lump sum from a life insurance company may be OK, but generally, because of living costs, the life insurance beneficiaries will likely need around ten years of your wages.
Most people should consider £200,000 or £500,000 for family financial protection. You can save money by considering a joint life insurance policy or decreasing term life insurance.
£100 000 Life Insurance Policies For Basic Financial Security
If you are looking for a new life insurance policy, you have probably used a life insurance calculator and used a website to compare life insurance quotes.
However, your personal circumstances, if you have a repayment mortgage and the age of your children are key factors when deciding the size and type of life cover. If your ability to pay monthly premiums is limited, it could be wise to have less life assurance and add critical illness cover.
£100 000 Life Insurance Policy VS Level Term Assurance
A £100,000 life insurance policy is how much cover many people seek. Still, if you have an interest only mortgage and other significant outstanding debts, this size of life insurance payout may cover funeral costs, the partial repayment of a mortgage and very little else.
The £100000 life insurance helps but still makes running the family home a struggle.
Cover Amount Of £100000 Life Insurance Cost With Good Health
£100,000 of level term life insurance cover has an average monthly cost of £7 for a non-smoking man in their early 30s. You can save money on your monthly premium by managing your financial commitments by having a repayment mortgage and decreasing cover.
£100000 Life Insurance Price with serious medical conditions and previous negative medical history
You may think you need a significant medical exam to access the cheapest policy for your situation. However, some health questions may help you explain away a previous health problem that the insurer will ignore.
It can be the case that life insurance depends more on if you a current healthy smoker rather than someone who has had a previous health issues that is now resolved.
Fixed Amount Mortgage Life Insurance Price £100K VS Whole of Life Insurance
If you know, you will never have additional childcare costs because of the age of your children, and you have an £80k interest-only mortgage, you can pay around £8 per month for £100k of life insurance and have £20,000 left over from the lump sum payment for your family’s other personal needs.
With whole-of-life insurance, the premiums paid are more like an investment. The cover expenses for this type cover is usually much higher than a level term policy.
Cheap Life Insurance Quotes For Family
It’s wise to study your family’s personal needs in the event of your death. Are you happy with the idea of your loved ones moving to a flat and selling the family house? If your life insurance is insufficient, could they be forced to move to a cheaper area?
The application process for people will help you leave money appropriate for their needs.
Over 50 Life Insurance 100K for people with high risk hobbies and dangerous sports participants
For people over 50, you may think your hobbies and pastimes are dangerous, but many insurers do not care about some sports, as they have studied the risks.
Chimat advisors know these insurers and their terms and conditions well, so they can help you get the right cover on standard terms from insurers that ignore the increased risk.
Things to consider before you apply for a life policy:
- Would you need to pay inheritance tax if something happened to you?
- Should you keep some money back for critical illness insurance?
- What about terminal illness cover?
- If you want to protect the family’s lifestyle and everyday expenses, could they increase significantly?
- Should you consider income protection insurance?
- Should I consider a healthier lifestyle and my smoker status before I go on the comparison sites for cover?
- Could life insurance pay my family’s monthly income?
- May I cancel my existing monthly policy payments if I am subject to financial pressure?
- Does my family need additional financial support in lump sum payout for the funeral expenses and other debts?
- Do you have a history of mental health and self-inflicted injury?
- After the later life lost earnings, what impact will this have on your partner’s retirement?
- What types of life insurance have the cheapest quotes? It’s usually the cover that decreases over time.
£200 000 term life insurance policy with no medical questions
£200000 life insurance premiums can be very affordable for many young people at around £18 per month
More details on the average life insurance cost can be found here.
£500000 Life Insurance Average Cost UK
For the higher sums of money, suiting the personal needs of a person that earns around £50,000 a year, the average cost of £500000 life insurance is around £40 a month.
That lump sum payment suits someone with a large mortgage and more substantial monthly outgoings.