|
Benefits
There are three ways that you automatically
benefit when using this service:
1) find the lowest cost provider in the market (full search)
2) save 25% of the initial commission paid by providers (full search and
express quote)
3) we review the cost of cover every 24 months and advise you if and when
the cost is cheaper
See example of the value of 1) and 2) above below:
Quote for £100,000 Benefit for a Male aged 35, non
smoker (9/8/01)
| Contract |
Level Term
|
Level Term
|
Mortgage Protection
|
Mortgage Protection
|
| Period of
Cover |
20 yrs
|
30 yrs
|
20 yrs
|
30 yrs
|
| Lowest
Premium |
9.13
|
12.94
|
7.02
|
9.77
|
| Highest
Premium |
11.54
|
18.04
|
9.03
|
14.39
|
| Difference
over term |
578.40
|
1,836.00
|
482.40
|
1,663.20
|
| Commission
Rebate |
27.39
|
38.82
|
21.06
|
29.31
|
| Total
Saving |
605.79
|
1,874.82
|
503.46
|
1,692.51
|
Assumes: no medical conditions affect underwriting,
level Benefit, no waiver of premium, guaranteed monthly premium, commission
rebate is 25% of initial, 5 cheapest providers in sample.
Customer
Comment
|
