Dont be tempted with Online Insurance.
Want to know the pitfalls of Online Insurance Quotations? Don't be tempted, get the right advice from a professional protection adviser. Know exactly what you are insured against.
Don't be price driven, there's a reason for differing premiums!
You may be tempted because it quicker or you may think it is cheaper to go online and get a Quote for Life Cover, Income Protection, Serious Illness Cover, Unemployment Cover and other protection Insurances.
You may wonder why do the quotes vary so much? Some insurers can be as much as £100 per month different!
There may be a number of reasons why the quotes differ in price and it is really important that if anyone is considering taking out a policy that they have managed to get cheaper online, please, please get in touch and just make sure you are going for the right policy!
It is fair to say that many people leave it to chance when they make a claim, they end up spending £20-£100 or even more a month to protect themselves financially against the impact of having a serious illness, being unemployed, having an accident or disability, only to find that when they try to claim they are unsuccessful because their policy wasn't covering them for what they thought it was!
There are a number of key reasons why quotes online are cheaper, BUT please don't be tempted! It could be that the rates are reviewable which means the following year they could increase substantially, the terms could also change, there may be some big exclusions, for example you may not be able to claim for the most common reasons that people try to claim for eg Musculoskeletal conditions (back problems etc), stress and depression. It may also be that you are not assessed until claim stage which means you do not have guaranteed benefit. Being assessed upfront upon application means that you know when it comes to claiming you have peace of mind you will get paid!
It is so incredibly important to get this type of Insurance right! If you have a financial adviser he or she should be able to explain why quotations on line are cheaper and the serious pitfalls.
Find out more, get trustworthy advice offline!
Do get in touch.