Ways to cut the cost of life insurance have been offered byfinance website The Thrifty Scot.The website lists a number of types of cover, noting that term life insurance is the cheapest as it lasts for a specific length of time.
However, it cannot be purchased by someone with serious health problems.
Permanent life cover can offer benefits while the holder is alive, as s/he can draw off it and invest it for personal needs.
The site explains that getting a rider on an existing policy can save money if you decide you need a second one.
Buying life insurance when young allows the option of locking in a level premium, which will not increase as you age.
Insurance provider Churchill recently apologised after a viewer of its television advert complained it was misleading, the Guardian reports.
While the advert said it was possible to make a claim without filling in forms, about 20 per cent of claimants do have to complete a declaration form or statement.
The Advertising Standards Agency said it was concerned that Churchill was not giving full information about adverts when they are submitted for clearance.
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