What does it cost to apply for life insurance?
At the moment, nothing. The cost of applying for life insurance is included in the policy premium.
- You don’t pay for anything until you have a policy in your hands and you're sure it’s what you want to put in force.
- We also have a 30 day cooling-off period for all Life Insurance contracts so that if you change your mind, you are not disadvantaged.
You might be interested to know that it usually takes an insurance company three to seven years before they begin to make a profit from a policy. We use technology to make sure that the only people that start the application process are those with the very best chance of success.