Post Office Life Insurance
Post Office Life Insurance
Over recent years the Post Office has extended out to offer a range of services above and beyond just posting our letters. Now they offer a whole range of different products, one of which is life insurance. The great thing about Post Office life insurance is that it is easy to sign up to and the fact that the Post Office is located on almost every high street is a great help.
It can be easy to assume that because you weren’t expecting a company like Post Office to provide life insurance they won’t offer a large enough range of life insurance policies to suit everyone but this is certainly not the case. The Post Office have years of experience offering customers the services that they want and this is no different when it comes to life insurance.
There are many different benefits to signing up with Post Office Life Insurance is the fact that they can cover the whole family. You can be covered from £5,000 right up to £500,000, so whatever type of policy you are looking for the Post Office can help. The great news is that premiums are fixed so you don’t have to worry about any sudden increases in the amount you pay per month.
The great thing about signing up with the Post Office for your life insurance is that they have loads of tailor made packages to suit you. This means you can look at how much you can afford per month and try to find a policy that suits you. Or you can look at how much you want to be paid out and then adjust your monthly payments accordingly.
They have two main types of insurance policy too – you can sign up for either Level or Decreasing cover. With Level Cover you have a fixed lump sum payable throughout the term of your policy or you could go for Decreasing Cover which decreases throughout the term of your policy. Each of these suit different people so don’t be afraid to speak to the Post Office about what is going to be the best option for you.
When you have decided this you can then choose what type of cover you go for – IE single person or couple cover. Their joint cover actually suits a range of people – married couples, those in civil partnerships, common law marriages and even those sharing repayments on a loan or mortgages.
You can see that the Post Office has a whole range of options which means that whatever you are looking for there will be something to suit you. This is great news, because when it comes to life insurance we don’t all have the same needs and requirements. It is good to know that you can go to someone on the high street and sign up for a policy that suits you perfectly and not just something that more or less suits you, but you have had to compromise on.
You can compare Post Office life insurance plans with the UK’s top life insurers, by completing our short form. You will receive a free quote provided by an experienced FSA adviser so you can rest assured about making the best decision possible.