To compare cheap life insurance, look beyond the monthly premium and check the cover amount, policy term, exclusions and whether premiums are guaranteed or reviewable. Prices can vary according to your age, health, smoking status, occupation and the type of policy, so answer application questions accurately. Comparing quotes from several FCA-authorised providers may help you find suitable value, but the cheapest option is not necessarily the most appropriate. If your circumstances are complicated, consider speaking to a regulated financial adviser before choosing a policy.