Tuesday, 19 March 2019

Life insurance with no medical exam: is it right for you?

Life insurance is big business in Britain. The total value of life insurance premiums in the UK was £166bn last year, according to data website Statista, and that could rise to £188bn by 2021.

Despite this, it remains something that few people like to think about and, when they eventually do give it some consideration, are often unwilling to spend a lot of time researching.

Policies are typically designed to provide protection for families by covering a specific cost, such as mortgage payments or a salary, in the event of the policyholder’s death – although some policies simply pay out a lump sum on death.

Digital mortgage broker Habito has announced the launch of its own life insurance – provided…

Source: https://www.telegraph.co.uk/insurance/life/life-insurance-no-medical-exam-right/

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