Cheapest Life Insurance Quotes in the UK
Discover 9 deals available this month.
1.Legal & General Level Term Life Insurance
Legal & General Level Term Life Insurance starts from £5 per month with fixed premiums and cover amounts. UK residents can add critical illness cover as an option.
View Deal →Starting at just £5 monthly, Legal & General offers straightforward level term life cover with the flexibility to include critical illness protection.
Pros:
- Affordable premiums from £5 per month
- Fixed premiums and cover amounts for consistent costs
- Option to add critical illness cover
Cons:
- Limited information on payout rates or additional benefits
- No mention of discounts or digital services
- May not be the cheapest option available compared to some competitors
2.Zurich Level Term Life Insurance
Zurich Level Term Life Insurance starts from £5 per month with fixed premiums and payout amounts. It offers flexible cover options including level, decreasing, and increasing cover.
View Deal →Offering flexible coverage options starting at £5 per month, Zurich gives you the choice to tailor your life insurance to your needs with fixed premiums.
Pros:
- Affordable premiums starting from £5 per month
- Fixed premiums and payout amounts for budgeting certainty
- Options for level, decreasing, or increasing cover to suit changing needs
Cons:
- No mention of additional benefits like critical illness cover included
- Limited data on claims payout rate or customer service features
- May not be the cheapest option compared to some competitors with lower starting premiums
3.LV= Life Insurance
LV= Life Insurance offers premiums starting from £5 per month with a 97% claims payout rate in 2024. It includes a free 24/7 digital GP service and guaranteed insurability options.
View Deal →Offering solid value with a high claims payout rate and added health support, LV= Life Insurance combines affordability with practical benefits. Its digital GP service sets it apart in customer care.
Pros:
- Premiums start at an affordable £5 per month
- High claims payout rate of 97% recorded in 2024
- Includes free access to a 24/7 digital GP service
- Offers guaranteed insurability options for future coverage flexibility
Cons:
- No mention of critical illness cover options
- Limited information on cover amount variations
- Premiums may not be the absolute lowest compared to some competitors
4.Vitality Life Insurance
Vitality Life Insurance offers policies starting from £5 or £8 per month depending on the type, with discounts up to 40% on life and critical illness cover premiums. It provides flexible options to suit different coverage needs.
View Deal →At competitive starting prices with significant discount opportunities, Vitality Life Insurance appeals to those seeking affordable life and critical illness coverage with potential savings.
Pros:
- Policies start as low as £5 or £8 per month based on policy type
- Up to 40% discount available on combined life and critical illness premiums
- Covers both life insurance and critical illness in one offering
Cons:
- Pricing varies depending on the policy type, which may cause confusion
- No specific details on claims payout rates or additional services provided
- Discounts may require meeting certain conditions not detailed here
5.SunLife Over 50s Life Insurance
SunLife Over 50s Life Insurance starts from £4 per month with guaranteed acceptance and no medical required. However, coverage amounts at this price are limited.
View Deal →At just £4 monthly, SunLife Over 50s Life Insurance offers hassle-free, no medical acceptance for those seeking straightforward cover later in life.
Pros:
- Guaranteed acceptance with no medical checks
- Affordable premiums starting from £4 per month
- Simple application process suitable for those over 50
Cons:
- Limited cover amounts at the lowest price point
- May not be suitable for those needing higher coverage
- Fewer policy customization options compared to other providers
6.Compare the Market Life Insurance
Compare the Market Life Insurance offers quotes starting from £3.50 per month for 10-year decreasing term policies with up to £100,000 cover. Over half of under 30-year-old non-smokers receive rates below £3.50 monthly.
View Deal →Affordable coverage options make this a standout choice for younger, healthy non-smokers seeking short-term protection on a budget. It delivers low starting prices while focusing on decreasing term policies.
Pros:
- Very competitive starting premiums from £3.50 per month
- More than 50% of under 30 non-smokers quoted less than £3.50
- Covers decreasing term policies up to £100k
- Accessible quotes through an easy comparison platform
Cons:
- Primarily focuses on decreasing term policies rather than level cover
- Limited appeal for those needing longer or level term protection
- Less suitable for smokers or older applicants given pricing data
7.MoneySuperMarket Life Insurance
MoneySuperMarket offers median decreasing cover life insurance prices from £2.69 per month as of January 2026. This represents some of the most affordable options available in the UK market.
View Deal →With median prices starting below £3 monthly, MoneySuperMarket provides one of the cheapest decreasing cover policies in the UK, making it a cost-effective choice for budget-conscious buyers.
Pros:
- Median decreasing cover prices from just £2.69 per month
- Access to a range of cheap life insurance options through their comparison service
- Up-to-date pricing based on January 2026 market data
Cons:
- Decreasing cover may not suit those wanting level or increasing cover options
- Limited details on additional policy features or benefits
- Price focus may come with fewer customizable options compared to premium providers
8.Money.co.uk Life Insurance Comparison
Money.co.uk offers life insurance comparison with £100,000 cover starting from £3.50 per month. The service helps find competitive quotes from various UK insurers to fit different needs.
View Deal →At just £3.50 monthly for £100,000 of cover, Money.co.uk’s comparison tool helps users easily identify affordable life insurance options across the UK market.
Pros:
- Access to multiple insurers for competitive pricing
- Cover starting from a low £3.50 per month
- Ability to compare different policy types and features
Cons:
- Comparison may not reflect all available discounts or options
- Some policies may have limited cover amounts at lowest prices
- No direct purchase—requires going through provider after comparison
9.Discount Broker Life Insurance
Discount Broker Life Insurance charges a one-off fee of around £25 and rebates all insurer commissions, which can save policyholders thousands over the term. It offers a specialist non-advised broker service without ongoing commission costs.
View Deal →Ideal for cost-conscious buyers, Discount Broker Life Insurance minimizes expenses by charging a single fee and returning all commissions, potentially reducing overall costs significantly.
Pros:
- One-time fee of approximately £25 instead of ongoing commissions
- All insurer commissions are rebated back to the customer
- Potential savings of thousands of pounds over the policy term
Cons:
- Service is non-advised, which may not suit those needing specialist guidance
- Upfront fee may deter some customers used to commission-included pricing
Final Words
To secure the best life insurance deals this January 2026, you should take time to compare quotes from multiple providers and explore current offers tailored to your needs and budget. By actively reviewing your options, you can find affordable coverage that provides peace of mind for you and your loved ones.
Frequently Asked Questions
Legal & General Level Term Life Insurance starts from £5 per month with fixed premiums and cover amounts. This makes it a straightforward option for UK residents looking for predictable monthly costs.
Yes, UK residents can add critical illness cover as an option to Legal & General Level Term Life Insurance. This provides extra protection beyond the standard life insurance benefits.
Zurich offers level, decreasing, or increasing cover options starting from £5 per month. This variety helps tailor the policy to different financial needs and goals.
Using comparison sites like Compare the Market and Money.co.uk can help you find quotes starting from around £3.50 per month for decreasing term policies. Comparing policies helps you find the best coverage at the lowest price.
Yes, SunLife Over 50s Life Insurance offers guaranteed acceptance 'no medical' life insurance starting from £4 per month. However, the cover amounts at this price point tend to be limited.
LV= Life Insurance, with premiums from £5 per month, includes a free 24/7 digital GP service and guaranteed insurability options. It also has a 97% claims payout rate as of 2024, highlighting reliability.
