Further reports in the life insurance news confirm that life insurance policies are now at their cheapest level ever. One independent insurance broker commented this week that life insurance premiums were down 30 per cent or so over the last decade.
The falling cost of life insurance could enable those who previously have been unable to afford the cover to buy a life insurance policy . Competition between life insurance companies mean that new customers are highly sought after, whilst existing life insurance customers may be able to review their policy for savings .
Higher risk consumers remain more likely to face higher premiums, with loading for age, lifestyle, weight, medical history and other factors.







