Beginner's guide to life insurance

At times, it can feel hard to know where to start with life insurance, as there is so much ground to cover. But that’s why we’re here. Our philosophy at Caspian is simple - life insurance should be accessible, and above all - uncomplicated!

So whether you’ve been considering life insurance for a while or you’ve just recently started your quest for cover, we can provide you with help and advice on all things life insurance!

Start a free quote


What are the most popular types of life insurance?

When it comes to life insurance, there are so many different options, depending on your circumstances. Some of the most popular policies are:


Plus, subject to your current affordability and needs, you could have multiple policies in place!

How much is a life insurance policy?

There is no one size fits all when it comes to life insurance and everyone’s policies and premiums will be different. The reason for this being your life insurance premiums are calculated using different criteria, such as:

  • Age
  • Smoker status
  • Occupation
  • Family medical history
  • Your health and lifestyle


Your premiums will be based on the above, amongst other conditions. As a result of this, no two policies are ever the same!


How does life insurance work?

The basic premise behind life insurance is simple. You pay a set monthly premium to your chosen life insurance provider/s during your pre-agreed term length. In return, if the worst were to happen, your insurer would pay out a pre-agreed amount.

Be accurate

It is always crucial to be honest when sorting your life insurance. Not being accurate about your health and lifestyle when arranging your policy is called ‘misrepresentation’, and could result in you or your loved ones not benefitting from the pay-out of your policy!

Don’t just focus on the price

When looking into life insurance, although price is an important factor, if affordability isn’t an issue then it’s best not to fixate on it. There are so many other factors to be considered when searching for the right policy, for example:

  • Which free additional benefits come included with your cover*
  • Choosing the best term length
  • The reputation of your chosen provider
  • Choosing the right amount of cover


Why seek advice?

Without the right cover in place, your loved ones could be left struggling financially, if the worst were to happen.

Choosing the right cover can feel difficult which is why seeking advice from specialists is important. At Caspian, our team of UK-based experts are here to look at your circumstances and assess what cover is right for you.

We can create a tailored policy suited specifically to your needs and affordability. Click below to start your life insurance journey today!


Start a free quote


*Free benefits are not contractual and may be changed or removed in future.