More UK Adults Reviewing Their Household & Life Insurance Budgets As Inflation Soars

More UK Adults Reviewing Their Household & Life Insurance Budgets As Inflation Soars

Millions of people in the UK are tightening their belts and looking for better ways to save on their bills and life insurance as the inflation rate rises to its highest in more than 40 years.

The rising global demand for energy and fuel are some of the factors driving up the cost of basic economic goods and services with the average gas and electric bill having reached close to £4000 this year. This has a direct impact on how much we spend at home. The gap between pay increases and the inflation rate is also at its biggest in 20 years.

People are finding it more and more difficult to find affordable financial solutions for their families. That’s why there’s no better time to safeguard your family’s future by reviewing your life insurance premiums.

The great news is that insurers like COVRD are able to help you make a saving by reviewing your current life insurance premiums and provide comprehensive life insurance options that suit your budget at an affordable rate.

The great news is that even in today’s market, insurers like COVRD are able to provide well-structured, comprehensive life insurance at an affordable rate.

Myth – It’s Too Expensive!
Actually, it’s not very expensive at all! According to FTadvisor.com, the average monthly cost per £100,000 of cover is only £10.96.

Myth – It’s not worth it because the policies never payout.
According to the Association of British Insurers, 98% of claims were paid out in 2020.

Myth – It’s too depressing to think about.
Thinking about death can be uncomfortable, but what’s worse is the potential of your loved ones being left without a safety net in place.

Reviewing your life insurance premiums with COVRD’s trusted financial advisors can help you re-evaluate your financial status, protect your savings and life insurance more efficiently.

Getting Your Life Insurance Covered with COVRD

COVRD enjoys access to the UK’s leading Life Insurance providers, and utilising our knowledge and industry expertise, we offer you perfect plans to suit your budget and lifestyle. With COVRD by your side, you will enjoy leading Life Insurance products from leading companies that have:

  • Paid out on 99.6% of claims in 2020.
  • Offer cover starting from only £8 per month.
  • Comprehensive Critical Illness cover to suit all budgets.
  • The option to add Children’s illness cover to your policy.

In most applications, a medical examination is not required, and you are able to complete your policy applications in the comfort of your home. What’s more, you can receive discounts on your premiums for living a healthy lifestyle. Don’t put it off any longer. Take a few minutes now to get your online quote. Sort it now; once and for all, you won’t regret it.