According to recent data, the average UK household spends more on the nation’s favourite beverages than they would to protect their family if they bought a life insurance policy. 

The ONS Family Spending survey 2018-19 shows that households spend an average of £6.50 a month on tea and coffee, compared to as little as £5 per month it could cost to protect loved ones with life cover.

What’s more, with Brits spending an average of £5.40 a week on takeaways and £8 per week on drinks out, it’s clear that life insurance is an affordable option for many.

Cheaper than you think

Life insurance can be an awkward topic – after all, nobody likes to think about the worst happening to them. However, as the coronavirus crisis has proved, no one knows what’s around the corner and buying life cover for as little as £5 a month could help to safeguard your family’s future and turn out to be the best decision you’ve ever made.  

Choosing the right cover

How much you pay for your life insurance premiums will depend on your age, health and lifestyle. We’re here to help you find the most affordable cover and help reassure you that your family would be looked after financially if you were no longer around. So do get in touch.

As with all insurance policies, conditions and exclusions will apply

Catch up on our other blog posts:

Equity Release in Southampton

Equity Release in Southampton

We recently helped a 65 year old client in Southampton release equity from his home. Retired and with little savings, he found himself needing to access capital to help fund a recent separation, along with needing funds to by a new car, renovate the home, and then...

read more

(Your home may be repossessed if you do not keep up repayments on your mortgage)

We charge a fee for arranging and advising you on the mortgage. The fee will be dependent on your circumstances but will not exceed £499. (Our typical fee is £299.)

For Lifetime Mortgages/Equity Release the fee will be £799.

Our mission is to provide honest mortgage advice, whilst helping you save money.

Get in contact

Flexible appointments

Or call —02380224925


Providing helpful and friendly mortgage advice in Southampton

First Floor, 9 Salisbury Road, Totton, Southampton, SO4O 2HW

02380 224 925

South Coast Mortgage Services Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered Office: 59 The Avenue, Southampton, Hampshire, SO17 1XS. Registered Company Number: 08414746 Registered in England & Wales.