Norwich Union Life & Pensions Limited

Author's product rating:   

Competitiveness of APR	Good
Product package	Good
Efficiency of service	Excellent
Value for money	Excellent

Advantages:	good affordable cover, online discount
Disadvantages:	you never benifit, because it only pays out when you die !  !  !

Recommend to potential buyers:

yes

Full review

No body likes paying out more money than they have to for insurance so its always handy to know where you can get a good deal from. I decided that I needed some life insurance, as I recently became a mum and started worrying about what would happen to my little boy if anything happened to me. I phoned a few companies that advertised on the television and then decided to surf the net where I came across Norwich Union Direct.

Norwich Union Direct sell a variety of insurance’s over the web. The can be found at www.norwich-union.co.uk. .The site is very easy to navigate around and it sells a variety of insurance’s from term life, to house and car insurance.

I was only really interested in life insurance and on site there is a very useful calculator to assist you in working out how much life insurance cover you need. Then once you have decided, you can get an online quote in less than thirty seconds. Once you are happy with the quote, it only takes the click of a button to accept the policy. Then you can either print out the acceptance page to sign and send off or they will send you the form via the post for you to send back.

The best part is the value for money. Cover seems to be good and affordable. You can get cover up to the age of 65 and the cost of cover varies depending how old you are and whether you are a smoker or not. Once you have accepted the cover, they guarantee not to put up the price of your cover ever.

The site is easy to use and navigate around. It doesn’t take long from inputting information to getting a quote and by buying online you get a 10% discount!! This discount also happens if you buy house or car insurance. One top tip from me is that if you do buy house or car insurance with them, then use the link via the ipoints website ( www.ipoints.co.uk) and you will also get 250 ipoints!

The great thing for me is that whilst I bought cover on line, it is backed up by a real firm that is well known and you can phone and talk to real people. I've studied the small print on the life policy and it appears to be exactly the same as all life policies so cover does not seem less even though the cost is significantly lower. As an example of how much the cover costs, I am 34 and a non smoker and have now got £125,000 of cover (including critical illness cover) for under £9 a month for a 25 year period!!! And as stated earlier, the premium is guaranteed not to increase, so I think it is a bargain.

I would recommend anyone having a look at this site and getting a quote – its easy to do on line and the prices and polices seem to be a good deal.

***update****

Just to clarify a point made in the comments section, it is term insurance, which does mean that at the end of the 25 years, if you are still alive, your cover ends and you get nothing - it only pays out if you die or are diagnosed with a "critical illness"..