Frequently Asked Questions

  • Many people ask “Why should I use a broker instead of going direct or using a comparison site?”

    Comparison sites only show you baseline computer-generated quotes for perfect health.

    Direct insurers can only offer you their own products.

    At Protection Experts, we do the heavy lifting for you:

    1. Whole of Market Access: We compare policies from the UK's leading insurers to find the best rates.

    2. Tailored Underwriting: If you have health conditions or a risky job, we know exactly which insurer will offer you the fairest price.

    3. Free Trust Setup: We help you write your policy in Trust for free, protecting your family from 40% inheritance tax and lengthy probate delays.

    4. No Extra Cost: Our advice is completely free to you. We are paid a commission directly by the insurer only if you decide to take out a policy.

    5. Advice: If you buy a policy online you’ve got no idea whether you’ve got the right plan, when you speak to an adviser you can be reassured they take all your circumstances into account to get you the right plan.

    • Term Life Insurance: Covers you for a specific period (e.g., 25 years). If you pass away within this "term," the policy pays out. If you survive the term, the policy ends with no payout. It is the most common and affordable type of cover.

    • Whole of Life Insurance: Covers you for your entire life and guarantees a payout when you die, no matter when that is. Because a payout is guaranteed, premiums are significantly higher.

    • Level Term: The payout amount stays exactly the same throughout the life of the policy. (Best for protecting your family's standard of living or an interest-only mortgage).

    • Decreasing Term: The payout amount drops over time, usually in line with a repayment mortgage. Because the payout shrinks, this is cheaper than level term.

    • Increasing Term: The payout amount grows over time to protect your cover against inflation. Your premiums will also increase slightly each year.