Life Insurance Rate Tracking Service

RATETRACKINGSERVICE.CO.UK

Rates last update: 13 December 2017

To help journalists and industry commentators stay up to date with the best life insurance rates available in the UK, PayingTooMuch.com powers this website with rates in an open and transparent way.

Below is a table of the most competitive rates for a range of cover levels and policy terms, including whole of life that runs for the rest of the policy holder’s life. Individuals are advised that it is always best to compare life cover quotes before buying to check they are getting the best deal.

The rates are from a live feed direct from PayingTooMuch.com which operates a discounted non-advised life insurance (including Whole of Life and Critical Illness) service in the UK with very high levels of conversion and customer satisfaction.

The rates are bespoke as they include a unique commission sacrifice which should make them the cheapest in all cells most of the time.

Journalists and industry commentators are welcome to copy and paste rate tables as they wish, all we ask is that PayingTooMuch.com is credited in the notes.

If you would like to be kept up to date by email with news and key points as they happen then please send us an email to confirm your interest. Real life insurance news doesn’t come along very often however so don’t expect more than a few emails a year, you won’t be bombarded so we encourage you to get in contact.

This website is hosted and maintained by Eclipse Financial Systems Limited.

Eclipse Financial Systems creates online solutions for a number of leading UK and International financial services businesses and operates a consumer brand under the trading style PayingTooMuch.com.

Non-Smokers (which means you haven’t used any tobacco products or e-cigarettes within the last 12 months)
£50,000 Life Cover10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)£3.90£3.99£4.04£4.24£4.61£4.64£5.07£6.23£7.12£27.91
Age 35 (n/s)£4.43£4.55£4.65£4.76£5.18£5.76£6.91£8.23£9.90£31.84
Age 40 (n/s)£4.98£5.12£5.39£5.76£6.66£8.04£9.45£11.50£15.98£38.29
Age 45 (n/s)£5.95£6.06£6.66£7.82£9.64£11.99£15.03£20.63N/A£46.69
Age 50 (n/s)£7.91£8.51£9.70£11.79£14.62£19.46£25.51N/AN/A£57.23
Last Updated: 13 December 2017 (Source: PayingTooMuch.com)

£100,000 Life Cover10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)£4.73£4.78£4.93£5.19£5.63£6.28£7.05£8.46£10.16£51.68
Age 35 (n/s)£5.62£5.71£6.00£6.47£7.25£8.35£9.95£12.26£15.80£59.56
Age 40 (n/s)£6.83£7.15£7.71£8.67£10.03£12.93£15.19£19.41£26.22£72.45
Age 45 (n/s)£8.94£9.42£10.55£12.33£16.09£20.84£25.36£37.00£56.85£89.25
Age 50 (n/s)£12.31£13.54£15.70£20.69N/A£34.24£47.14N/AN/A£110.32
Last Updated: 13 December 2017 (Source: PayingTooMuch.com)

£200,000 Life Cover10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)£7.07£7.13£7.36£7.90£8.80£9.95£11.47£14.42£16.88£95.95
Age 35 (n/s)£8.81£8.92£9.50£10.40£11.87£13.89£17.10£21.44£27.55£111.16
Age 40 (n/s)£11.32£11.70£12.67£14.52£17.08£21.50£26.69£32.95£47.87£136.04
Age 45 (n/s)£15.04£16.04£18.16£21.48£28.81£35.41£44.20£63.77N/A£168.47
Age 50 (n/s)£21.51£24.27£27.89£37.70£48.08£62.48£85.86N/AN/A£209.19
Last Updated: 13 December 2017 (Source: PayingTooMuch.com)

£500,000 Life Cover10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (n/s)£14.07£14.19£14.77£16.03£17.87£20.56£23.97£29.08£33.44£264.93
Age 35 (n/s)£17.81£18.33£19.61£21.62£25.05£29.62£36.51£43.45£56.53£323.70
Age 40 (n/s)£23.66£24.47£27.10£31.22£37.29£48.08£55.79£67.83£113.71£399.59
Age 45 (n/s)£33.14£35.15£40.18£47.73£64.20£76.99£94.03£156.44N/A£482.58
Age 50 (n/s)£54.05£60.74£71.90£85.50£110.12£138.47£219.35N/AN/A£591.01
Last Updated: 13 December 2017 (Source: PayingTooMuch.com)


Smoker Rates (which means you’ve used tobacco products including e-cigarettes within the last 12 months)
£50,000 Life Cover10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (s)£4.85£4.88£5.09£5.60£6.14£7.16£7.70£8.99£11.01£37.38
Age 35 (s)£5.77£6.09£6.50£7.49£8.42£9.67£11.23£13.24£16.55£40.80
Age 40 (s)£7.51£8.19£9.19£10.70£12.33£15.17£17.42£20.37£26.89£48.19
Age 45 (s)£10.55£11.79£13.68£16.08£19.57£23.48£27.68£35.90N/A£59.24
Age 50 (s)£15.69£18.40£21.32£25.90£31.29£36.97£44.99N/AN/A£73.61
Last Updated: 13 December 2017 (Source: PayingTooMuch.com)

£100,000 Life Cover10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (s)£6.48£6.53£7.03£7.89£9.18£10.66£11.77£14.96£18.75£70.62
Age 35 (s)£8.26£8.87£9.75£11.29£13.44£15.63£19.27£23.00£29.81£77.48
Age 40 (s)£11.67£12.81£14.47£17.33£20.50£25.22£30.89£36.68£46.71£92.24
Age 45 (s)£17.81£19.73£23.03£27.72£33.35£42.76£52.65£64.03N/A£114.35
Age 50 (s)£27.61£32.42£38.00£46.76£56.65£68.43£90.09N/AN/A£143.08
Last Updated: 13 December 2017 (Source: PayingTooMuch.com)

£200,000 Life Cover10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (s)£10.13£10.37£11.16£12.85£15.08£18.12£20.75£26.84£33.80£132.51
Age 35 (s)£13.28£14.57£16.35£19.25£23.44£28.23£33.98£42.08£51.78£145.75
Age 40 (s)£19.48£22.62£25.11£30.61£37.29£47.74£55.06£66.91£90.05£174.26
Age 45 (s)£32.10£35.10£41.02£50.09£62.48£74.38£92.42£113.29N/A£216.96
Age 50 (s)£51.54£59.46£68.65£86.55£108.44£130.19£172.95N/AN/A£272.44
Last Updated: 13 December 2017 (Source: PayingTooMuch.com)

£500,000 Life Cover10 Year Term15 Year Term20 Year Term25 Year Term30 Year Term35 Year Term40 Year Term45 Year Term50 Year TermWhole Of Life
Age 30 (s)£21.37£21.49£23.95£27.35£32.60£39.66£45.36£59.40£74.29£323.98
Age 35 (s)£29.63£31.20£35.64£42.06£51.36£63.25£73.99£92.35£118.64£392.22
Age 40 (s)£45.02£48.20£56.02£67.89£83.71£103.43£119.41£138.06£204.33£473.86
Age 45 (s)£71.37£79.17£93.04£113.44£148.69£174.98£200.53£273.18N/A£578.68
Age 50 (s)£123.79£142.29£173.24£203.71£251.41£295.00£398.82N/AN/A£726.07
Last Updated: 13 December 2017 (Source: PayingTooMuch.com)

Policy Types

Level Term Life Cover

Level term life cover provides a fixed pay-out on death if death occurs within a fixed number of years that you select at outset. For example if you are 35 and you buy a 20 year £50,000 policy, then should you die between the ages of 35 and 55 the life cover will payout £50,000. If you die aged 56 then nothing would be paid as the policy would have expired.

As you become more likely to die with age, the longer the term of the policy, the older you are when the policy finishes, the more likely the insurer might be to pay-out and hence the higher the premium.

Term life cover has a very real chance that it will not pay-out, which means (good news) you’re unlikely to die during the term.

Whole of Life Cover

Whole of life cover means that once the policy starts (at a fixed premium forever), you carry on paying the premiums until either you decide you don’t need the cover any more or you die. The cover can never be withdrawn by the insurance company no matter how old you are.