Low Income Life Insurance

> Low income life insurance. Be careful! Do not overpay for life insurance: compare the whole market at once and save up to 40% on life insurance.

Term life insurance is the cheapest it has been for 10 years. There are plans available for all types of circumstances.

Life insurance for low income people

Surviving on a low income is not easy and is becoming more difficult in the current economic climate. Some people in the United Kingdom cannot even afford basic items let alone luxury items. These people eventually give up their lives out of frustration and disappointment. In the UK, 22 percent of the population fall into the low earning category, which means that these people cannot afford basic items.

Hard to justify life insurance?

Low income people can find it difficult to justify buying life insurance, as it is easy to put it on the back burner. However the importance of life insurance becomes even more important if you are on a low income family and have family or loved ones to support. You need the life insurance to look after your family financially if you are not around to provide.

Low income family

A low income family will not normally have more than one earner, or breadwinner. Hence, if one dies unexpectedly, the entire family faces financial uncertainty. To avoid this situation, every low earning individual or family should have a life insurance policy. It is a known fact that the cost of life insurance has fallen significantly over the last 10 years, so the premiums are affordable for those on a low income.

How to get cheaper life insurance

If you are earning a low income, complete our form to speak to a life insurance advisor and ask them to design a policy according to your affordability.

Guest article: Written by Richard Davies.