The cheapest life insurance is not always the most suitable, so first consider how much cover your dependants might need and for how long. Term life insurance often costs less than whole-of-life cover because it protects you for a set period, while premiums can vary with your age, health, lifestyle and the amount insured. Give accurate information about your medical history, smoking and other relevant factors, as withholding details could affect a future claim. Compare policies carefully, check exclusions and use an FCA-authorised provider or regulated adviser if you need personalised guidance.