Home

A Term Assurance policy is always based over a specific term, meaning these policies have a start and an end date.

All providers include Terminal Illness cover at no added cost. This means that the policy benefit would be available upon death or diagnosis of a terminal illness (typically where you are not expected to survive more than 12 months), during the policy term. However, it is worth noting that this is not always available in the last 12-18 months of the policy. Please see the providers Key Features Document for full details.

Level Term Assurance

The amount of life cover will remain the same throughout the life of the policy, unless you choose to include the Indexation option.

Decreasing Term Assurance

The amount of life cover on a Decreasing Term policy will reduce over the term selected. The amount decreases at an assumed percentage rate, ensuring that the benefit will be sufficient to pay off the debt in full – as long as the interest rate on your debt never rises above this amount.

Family Income Benefit

Rather than paying a one-off lump sum, Family Income Benefit policies would provide a monthly, quarterly or annual benefit from the point of claim until the policy end date.

These policies can be beneficial if you are looking to ensure the funds last the period of time intended.

Indexation (or to Index Link a policy) gives you the option to increase the amount of cover you have on an annual basis, to help combat the effects of inflation. The premium will also increase each year, to reflect the increase in policy benefit.

Each provider increases the sum assured and premium in slightly different ways. This is detailed in your Policy Summary/Key Facts Document, so be sure to read through these carefully and contact your chosen provider should you have any questions.

Indexation is not available for Decreasing Term Life Assurance policies.

Note that indexation is not included by default to level term life insurance quotations through Cavendish Online, and it needs to be explicitly added as a policy option.

Please do not hestiate to call us should you have any questions regarding indexation and life insurance as we will be more than happy to help. 

01392 439 437 (Mon - Fri: 9am - 5.30pm)

When quoting through our website you have the option to generate either guaranteed or reviewable quotations.

Guaranteed policies have premiums which remain the same throughout the policy term. 

Reviewable policies have premiums which can alter at the review dates within the policy term (typically every 5 years). 

If you want to be certain that your premiums do not increase, choose Guaranteed premiums. 

Please note that if you choose to include the indexation option with your level term life insurance policy, then your premium will increase if you choose to increase your sum assured to offset the effects of inflation. Learn more about indexation.

You have three options if your premium increases, policy terms change or your application is declined when you apply through the Cavendish Online website.

1) Call our advice team on 01392 436 193 and we can discuss your medical and lifestyle information with you. We will then provide bespoke advice to ensure you secure the most appropriate cover for your needs by researching the market and reviewing your situation with each insurer. You will not have to pay us any fee. 

2) You can apply with a different insurer through our website for no further fee.

3) If you have applied online and decide not to proceed with a policy due to an increase in premium or a change in terms, but have already paid the fee, then we will refund this to you upon request. 

One of our most frequently asked questions is “Am I classed as a ‘smoker’?”

If you have used any cigarettes, cigars, a pipe, or other tobacco products; including nicotine replacements and e-cigarettes in the last 12 months - including occasional/social use, then the answer is yes.

When applying for cover, it is important to answer any questions about smoking openly and honestly. If you don’t disclose something and later try to claim, you may not be able to receive the full benefit of the policy.

Insurers can have different approaches to covering smokers, ex-smokers, and vapers. You may wish to speak to one of our advisers if you currently smoke, vape or gave up smoking in the last 5 years. They may be able to make recommendations and help to secure the best cover for your needs.

Call our advised team today on:

01392 436 193

The fee applicable depends on the product you are looking to arrange through Cavendish Online. 

When applying for life insurance via the Cavendish Online website, you have two options: 

1) With a £25 fee - By charging a one-off fee of £25 Cavendish Online asks all providers to rebate all the commission normally paid to a broker.  This makes it possible to offer the lowest possible life insurance premiums in the UK.

2) No fee (Commission Based) - If you prefer, you can choose our No Fee option and we will instead take a small percentage of commission, paid to us by the insurance company. This is usually suitable for short term or low premium policies or if you think you'll change your insurance in the next few years.

When you carry out an online quote you will see prices for Fee Based and Commission Based, wherever possible.

If you apply through our telephone-based Guidance or Advice services:

No fee is payable. However, if you did take out a policy through this route then we would receive commission from the Insurer. We request a lower percentage of commission resulting in lower premiums for our customers. 

Head to Our Fees page for an overview of the fees and charges on all of the products and services we offer.

This may be the most frequently asked question from customers.

Cavendish Online only charges a small one-off fee for processing your  application when you go through the 'fee-based' option through our website. 

Alternatively, those who choose the 'no-fee' option on our website, or apply via our guidance or advised teams over the phone do not have to pay a fee. Instead, our team will recieve some commission from the product provider for the work they do on your behalf - a large proportion of this is sacrificed to bring costs down for you. 

Due to the number of people using Cavendish Online to make significant savings, we are able to continue to offer this unbeatable service and continue to grow.

We don’t spend much on advertising and marketing and rely on recommendations from our customers, industry experts and word of mouth. Therefore, if you know someone who can benefit from our service, please let them know and help them save.

Once you have applied for life assurance, the last step is to pay our one-off fee of £25.

You will need to provide your policy number OR the company you have applied to.

Click here to  pay your fee.

When applying for life assurance through Cavendish, we offer you the option of selecting either a Fee-Based  or a Commission Based policy.

Learn more about our fees.

If you wish to apply for life assurance over the phone, with either our advisors or guidance teams - no fee is required. Instead of this, we receive a small percentage of commission from your policy provider - though a large part of it is sacrificed in order to ensure your costs are reduced.

If you have any queries regarding our fees or application process please fill out our contact form or speak to our friendly team by calling:

03456 442 540