Once you have decided on the level of cover, you then must decide on the type of insurance required. Do you want a policy that pays out a lump sum or one that provides an income? Do you want to pay a little more and use your policy as a savings plan; one that pays out whether or not you die during the lifetime of the policy?

When you have established these things you are ready to compare the premiums required by the various Life Assurance companies. Please note that you should always read the terms of the policy to check any restrictions contained within it, such as death caused by undertaking a hazardous pursuit.