Should I have all my insurance cover with one company?

Most people choose to buy all their life insurance policies from one insurer. There are usually package discounts for having multiple policies, which can mean you pay less for the same level of cover. It also means that you only have to deal with one insurer should you need to make a claim, which will cut down on paperwork and speed up the payment process.

However, it is possible to have policies with a mix of insurers and occasionally, for clients with unusual or very specific needs, it can be advantageous. We recommend that you contact your independent financial advisor for guidance if your needs or circumstances are complex.