Chimat can help you access life policies not available on the main comparison sites, at a lower cost and with no compromise on the quality of cover.
- £100000 life insurance policy with a 20-year term for as little as £6.18 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’s 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 | 6.08 | 9.89 | ★★★★★ |
| Aviva | 6.24 | 9.88 | ★★★★☆ |
| Royal London | 6.40 | 10.34 | ★★★★☆ |
| VitalityLife | 6.63 | 10.40 | ★★★☆☆ |
| Legal and General | 6.80 | 10.66 | ★★★☆☆ |
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 | 6.11 | 9.73 | ★★★★★ |
| Legal and General | 6.25 | 9.94 | ★★★★☆ |
| Liverpool Victoria | 6.40 | 10.59 | ★★★★★ |
| Royal London | 6.55 | 10.13 | ★★★★☆ |
| Scottish Widows | 6.70 | 10.66 | ★★★☆☆ |
| VitalityLife | 6.81 | 11.14 | ★★★☆☆ |
| Aegon | 7.11 | 11.39 | ★★★☆☆ |
| AIG | 7.12 | 11.62 | ★★★☆☆ |
| Nationwide | 7.23 | 11.66 | ★★☆☆☆ |
| Aviva | 7.31 | 12.11 | ★★☆☆☆ |
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 | 9.21 | 14.46 | ★★★★★ |
| Zurich | 9.50 | 14.73 | ★★★★★ |
| Scottish Widows | 9.75 | 15.08 | ★★★★☆ |
| Legal and General | 9.90 | 15.24 | ★★★★☆ |
| Liverpool Victoria | 10.00 | 15.52 | ★★★★☆ |
| VitalityLife | 10.15 | 15.79 | ★★★☆☆ |
| Nationwide | 10.25 | 16.09 | ★★★☆☆ |
| Aegon | 10.50 | 16.26 | ★★★☆☆ |
| Royal London | 10.75 | 16.51 | ★★★☆☆ |
| Aviva | 13.00 | 16.72 | ★★☆☆☆ |
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 | 12.21 | 17.42 | ★★★★★ |
| Aegon | 12.50 | 17.79 | ★★★★★ |
| Zurich | 12.75 | 18.01 | ★★★★☆ |
| Aviva | 12.90 | 18.26 | ★★★★☆ |
| Liverpool Victoria | 13.00 | 18.53 | ★★★★☆ |
| Legal and General | 13.15 | 18.78 | ★★★☆☆ |
| Scottish Widows | 13.25 | 19.11 | ★★★☆☆ |
| Royal London | 13.50 | 19.26 | ★★★☆☆ |
| Nationwide | 13.75 | 19.51 | ★★☆☆☆ |
| AIG | 14.00 | 19.76 | ★★☆☆☆ |
Talk Through £100,000 Life Cover With A Real Person
With Chimat’s call-back service, you choose the time, and we’ll explain how a £100,000 life insurance policy could work for you.
You can easily choose a time that suits you by completing the short form below:
Cash Lump Sum £100000 Life Insurance Cover
When people are looking for a life insurance quote, they should first ask, “How much life insurance do I need?”
Many people are looking for a £100,000 life insurance quote because they think £100,000 is a lot of money and fear that life insurance is expensive.
Click To Compare QuotesThe 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 a decreasing term life insurance policy.
£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 a website to compare life insurance quotes.
However, your personal circumstances, including whether you have a repayment mortgage and your children’s ages, are key factors in determining the size and type of life coverage.
If your ability to pay monthly premiums is limited, it may be wise to take out less life assurance and add critical illness cover.
£100 000 Life Insurance Policy VS Level Term Assurance
A £100,000 life insurance policy is the level of 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 £ 100,000 life insurance helps, but it 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.
Click To Compare QuotesYou can save money on your monthly premium by managing your financial commitments, 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 whether you are a current healthy smoker rather than someone who has had previous health issues that are 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 investments. The cover expenses for this type of coverage are usually much higher than those for 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 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 allocate money appropriately for their needs.
Over 50 Life Insurance 100K for people with high-risk hobbies and participants in dangerous sports
For people over 50, hobbies and pastimes may seem dangerous, but many insurers do not consider some sports dangerous, as they have studied the risks.
Chimat advisors are familiar with these insurers and their terms and conditions, so they can help you obtain the right cover on standard terms from insurers that typically 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 or vaping status before I go on the comparison sites for cover?
- Could life insurance provide my family with a 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 a lump sum payout for the funeral expenses and other debts?
- Do you have a history of mental health and self-inflicted injury?
- After the loss of later-life 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 higher sums of money, suitable for a person earning around £50,000 a year, the average cost of £500,000 life insurance is around £40 a month.
That lump sum payment suits someone with a large mortgage and more substantial monthly outgoings.
Paul has over 12 years of life insurance expertise. Renowned for his dedication and approachable nature, he’s a trusted advisor committed to helping clients secure their future.