How Do Lifesearch Make Money If Advice Is Fee-Free

When you buy insurance, there are usually a few ways to do it. You might go directly to an insurer, use a comparison website, or speak to an expert adviser who can help you understand your options. At LifeSearch, we offer fee-free protection advice*. That means you can speak to someone about your cover options without paying for advice upfront and without any obligation to take out a policy.

We work with a wide range of UK insurers to help find protection that suits individual needs and circumstances. Rather than expecting you to work through lots of options on your own, we can help you understand what may fit your situation and the types of cover available.

How LifeSearch makes money

If you choose to buy a policy through LifeSearch, we receive a payment (commission) from the insurer. Rather than charging customers directly for advice, insurers pay us when a policy starts. Importantly, there’s no cost to speak to us and no pressure to buy. You can have a conversation, ask questions, look at your options and then decide what feels right for you.

Who might find fee-free protection advice helpful?

Fee-free protection advice can be useful if you’re unsure where to start or want reassurance you’re making the right choice. You may find it helpful if:

• You’re not sure what type of cover you need: Life insurance, critical illness cover, income protection and private health insurance all do different things. Advice can help you understand what may fit your situation.

• You have a medical condition or a complex health history: Insurance can feel more complicated if you’ve had treatment, take medication or aren’t sure how your health may affect your options.

• You’re worried about getting enough cover: It can be difficult to know how much protection you may want for things like a mortgage, rent, family costs or lost income.

• You’re comparing lots of options online and feeling overwhelmed: Policies can look similar on the surface, but features and cover levels can vary.

• Your circumstances have changed: Buying a home, having children, getting married, becoming self-employed or starting a business can all be reasons to review protection.

• You simply want someone to talk things through: Sometimes it helps to ask questions and understand your options before making a decision.

LifeSearch advice is fee-free because we don’t charge customers directly for it. Instead, if you choose to take out a policy through us, we receive commission from the insurer. You’re free to explore your options, ask questions and decide whether taking out cover - and who with - is right for you. Speak to one of our expert advisers today to find out more.

*Advice is fee-free and there is no obligation to buy a policy. If you choose to buy through LifeSearch, we receive commission from the insurer. In some cases, this could mean the cost is higher than buying directly from an insurer.