One of the cheapest forms of life assurance is known as Term Assurance. This provides a guaranteed amount of life cover over a set term for a (usually) fixed monthly premium.

This cover is normally arranged for family protection, business protection or to cover a mortgage or other loan.

With average life expectancy having risen, it can be worthwhile reviewing the premium you currently pay for your cover as it may be possible for this to be arranged on a cheaper basis.

Because there is no investment element or cash-value in this type of plan, this is one of the rare occasions where the cheapest is often the best value for money.

As independent financial advisors we are able to recommend any life cover provider in the market and will be happy to source the best deal for you.