Best life insurance with free gift deals (2018 edition)

If you are looking for a life insurance policy and are not sure which insurance company to go with, you may want to consider what free gifts each one is offering along with their policies.

From free laptops and tablets to gift vouchers and cashback, lots of life insurance companies are going all out to tempt you to buying your policy from them.

If you’re in the market for life insurance and think a free gift might just tip the balance, then check out our updated list of the top life insurance with free gift offers below.

For more information on your policy options, visit our Life Insurance page.

Top 10 life insurance with free gift deals 2018


Zurich InsuranceZurich life insurance – £100 voucher

Buy your life insurance policy through Zurich and you will get a £100 voucher from LoveToShop – which can be used in thousands of stores and restaurants across the UK including House of Fraser, Debenhams, River Island and Argos.

Claim free gift:



LegaL And GeneralLegal and General – up to £150 voucher

Legal and General’s free gift card offer can be as high as £150 depending on the level of life insurance premiums you pay.

You can choose a voucher to spend at Amazon or Marks & Spencer, and premiums can start for as little as £6 per month (depending on your circumstances).

Claim free gift:



TopCashback logoTopCashback – up to £510 cashback

Choosing buy your life insurance through TopCashback could earn you as much as £510 worth of cashback – depending on which life insurance company you choose and which policy you take out.

Typically you will be paid your cashback after you have paid six months of premiums, but this can vary between insurers.

Claim free gift:



Direct Line logoDirect Line – £75 voucher

Direct Line offer a free £75 voucher to use at Amazon or M&S, or you can opt for a one year subscription of Doctor Care Anywhere – which gives you access to an online GP.

The limit for the voucher is two per household, so you can effectively get a voucher for you and your partner when you sign up for life insurance and pay three months of premiums.

Claim free gift:



MoneySuperMarketMoneySuperMarket – £75 voucher

You can also get a £75 gift card if you buy life insurance through MoneySuperMarket. You’ll get the voucher after the first three months of premiums, and you can choose between Argos, Next and M&S.

Claim free gift:



Churchill InsuranceChurchill – £75 voucher

Churchill are another insurance company offering a £75 voucher as a free gift when you buy a life insurance policy.

You can choose between a gift card for Argos, M&S or Amazon, which is limited to two per household and is available after three months of taking out the policy.

Claim free gift:



Sun Life InsuranceSun Life – £75 voucher

Sun Life offer a free gift of a £75 voucher for either Argos or M&S if you buy their specialist Over 50s life insurance policy.

If you are over 50 and looking for life insurance with a free gift this is likely to be the best option as it will offer the most suitable cover.

Claim free gift:



Nationwide life insuranceNationwide – £70 voucher

Nationwide will give you a £70 M&S voucher if you buy your life insurance from them.

The voucher is available for anyone who buys life insurance or mortgage life insurance, and is limited to just one per household.

Claim free gift:



Debenhams life insuranceDebenhams – £50 voucher

If you buy life insurance from Debenhams you will get a free £50 gift card to spend in… Debenhams.

The policy comes with several benefits such as: Instant cover with no up-front fees, access to UK call centre and cover for 17 – 79 year olds.

Claim free gift:



Aviva car insurance logoAviva – £50 voucher

Aviva give out a £50 voucher for those who buy their over 50s life insurance policy, which can only be used at Marks & Spencer.

The free gift is only available if you buy the policy direct, rather than through a price comparison or cash back website.

Claim free gift:



Life insurance with free gift – things to bear in mind

You might get excited when you see that a free gift is on offer for buying life insurance, but you should not base your purchase decision solely on the free gift.

First of all, consider not only what the free gift is worth – but what it’s worth to you.

Perhaps the free gift is something you actually need and is quite expensive, for example you are thinking of buying a new laptop and the fact one comes with a life insurance policy is just a bonus that you can take advantage of. In that case buying life insurance with a free gift can be a great way to save yourself some money.

However, if you don’t actually need the free gift or if it is fairly inexpensive then you shouldn’t let it influence your decision too much.

Can you get the same life insurance cover for cheaper elsewhere?

As with any form of insurance, the best way to get cheap life insurance is to shop around and compare quotes from a range of insurers.

By doing this you may find a cheaper policy that offers the same level of life cover, which saves you more money than what the free gift offers.

Don’t let an attractive free gift blind you to the actual lifetime cost of the policy, and make sure you shop around before committing to life insurance.

Is the policy right for you?

Many people are so concerned with the price of life insurance that they forget perhaps the most important aspect: whether the policy offers the right level of cover for you and your family.

Regardless of the free gift, if you buy a policy that is not suited to your own individual needs and requirements then you can end up paying a lot more over the years for cover you don’t even need.

Learn more about life insurance…