Whole Life Premiums

WWW.WHOLELIFEPREMIUMS.CO.UK

Rates last updated: 14 October 2019

Whole life premiums rise with age but can be reduced if you shop around and use a whole life premiums comparison service that matches you to the best insurance company for your circumstances, (age, smoking status, etc).

We have created a table of the current best premiums available to give you an idea as to what you could expect.

The most important consideration when buying a whole of life insurance is that you can afford to maintain the premiums until you die so its even more important that you get the best deal on your whole life premiums in the first place.

Table Of Example Whole Life Premiums – (these are for monthly premium policies and once they go into force they are guaranteed not to change)
Whole Life PremiumsAge 30
NonSmoker
Age 30
Smoker
Age 35
NonSmoker
Age 35
Smoker
Age 40
NonSmoker
Age 40
Smoker
Age 45
NonSmoker
Age 45
Smoker
Age 50
NonSmoker
Age 50
Smoker
£10,000£9.70£10.23£10.00£11.71£11.24£13.65£13.05£16.10£15.38£19.44
£25,000£18.02£21.97£20.19£25.02£23.84£29.02£28.61£35.81£33.93£43.45
£50,000£31.88£39.69£36.21£45.88£43.52£53.88£53.06£67.47£63.70£82.74
£100,000£58.60£69.56£68.26£85.13£82.89£102.38£101.96£126.94£123.25£156.04
£250,000£139.41£166.02£161.86£202.83£197.84£245.12£244.77£303.83£297.15£375.34
Last Updated: 14 October 2019 (Source: PayingTooMuch.com)

Whole Life PremiumsAge 55
NonSmoker
Age 55
Smoker
Age 60
NonSmoker
Age 60
Smoker
Age 65
NonSmoker
Age 65
Smoker
Age 70
NonSmoker
Age 70
Smoker
Age 75
NonSmoker
Age 75
Smoker
£10,000£18.28£22.99£21.73£28.05£26.39£34.80£33.31£44.69£46.58£58.58
£25,000£39.46£53.02£48.09£66.51£59.74£83.40£77.04£108.12£112.85£142.84
£50,000£74.75£101.88£92.02£128.40£115.32£163.49£149.92£213.33£221.85£285.12
£100,000£145.34£193.40£179.88£245.55£226.48£320.94£295.68£422.24£435.47£575.24
£250,000£351.50£467.03£436.48£598.17£551.13£774.52£721.37£1,027.33£1,066.04£1,398.16
Last Updated: 14 October 2019 (Source: PayingTooMuch.com)

The table shows that smokers pay more than non-smokers as it is traditionally accepted that the life expectancy of a smoker is shorter than a non-smoker.

However, most insurance company questions on smoking in the UK simply ask if you have used any tobacco products (including e-cigarettes which count as smoking) within the last 12 months. This means that no matter how long you have smoked for, if you quit for 12 months you can switch to the non-smoker rates.