There’s a lot to consider when looking to take out a new insurance policy. You’ll go through pages and pages of quotes, insurance types, coverage levels, and prices. After a while, it can all be too overwhelming. So, while you take a breather, we’ve put together a list below showcasing the best free welcome gifts offered by insurance companies when you sign up for a new policy.
The Swiss insurance firm Zurich offers customers in the UK a range of insurance products. For signing up to a new policy, you are entitled to up to £100 in vouchers to spend on either Amazon, Love2Shop, or John Lewis. It’s your choice.
You only get your vouchers after paying your premium for six months. Coincidentally, your voucher value directly correlates to the total sum of your insurance payments in the first six months, rounded down to the nearest £5. The voucher value is capped at £100. For example:
It’s worth noting that you won’t be eligible to receive a Zurich welcome gift voucher if you purchase your policy through a price comparison site or cashback service. You must do it directly through Zurich.
Review the rewards on the company website here. To discuss gift vouchers with Zurich, get in touch with their team on 0800 096 6233.
Smart Insurance is an award-winning life insurance provider in the UK. They offer a selection of policies to meet various needs and run a gift card reward for taking out a new policy.
The reward is a £100 Amazon gift card to be used as you please. Note that there is currently no expiration date on this offer, but the company does reserve the right to revoke it at any time.
You receive the gift card via post when you’ve made the first six-monthly premium payments and when the value of your payments exceed the value of the gift card. It’s worth knowing that the promotion is only available to customers that take out the company’s Smart Insurance Family Life policy and not its Smart Guaranteed Life Insurance policy.
Review the gift promotion here. To discuss the gift card promotion in detail, contact the Smart Insurance team on 0800 458 6901.
The life insurance policies offered by the Royal Bank of Scotland are handled on behalf of AIG. The free welcome rewards are available to customers that buy an AIG Limited Life Insurance policy, a Guaranteed Sixty-Plus Life Insurance policy, or a Critical 3 with Life Insurance policy.
The reward becomes available after you’ve paid for the first six months of your policy. When you’re notified, you have up to six months to redeem your reward.
Note that the promotion is only running between 19 April 2021 and 26 November 2021, so be sure to hurry to get a fantastic deal.
Check out the rewards in detail here. The promotion is handled by MLP, which can be contacted on 01565 656 387.
We compare plans from the leading life insurance providers
Direct Line is a popular UK insurance firm offering a range of life insurance products. For customers buying a new Direct Line Term Life Insurance policy, the firm offers a selection of great gifts.
Note that the policy has to be bought directly from the company, online or via the phone, and not from a price comparison site or cashback service. The gift only becomes valid after you’ve had your policy for at least six months.
The value of the gifts will depend on how much your premium is. If you pay between £5 and £10 per month, the gift value will total £30. This rises to £180 if you spend over £30.01 per month on your policy.
Visit the company site here to see rewards. The promotion is handled by MLP, who can be contacted on 01565 656 144.
The Co-operative Group (Co-op) offers fantastic gift alternatives compared with other insurance companies. New Co-op customers purchasing a Co-op Life Cover policy are eligible for either a family day out or a night away for two.
The promotion is only valid until 31 December 2021. You can only redeem your gift after having the policy for at least four months. After which you must decide which gift you want within 30 days.
Note that the promotion is only valid for policies purchased through the Co-op directly and not via a price comparison site or cashback service.
Review this offer on the company site here. The promotion is run by MLP, which can be contacted on 01565 656 144.
The Royal London Mutual Insurance Society Limited (Royal London) firm offers new customers who buy their first Essential Over 50s life insurance policy a range of welcome gifts.
Customers can choose from a £100 cheque, a £100 physical gift card for either Argos or M&S, and a £100 e-gift voucher for either Argos or M&S. Note that this offer can only be redeemed once you’ve made the first eight premium payments on your policy.
The promotion ends on 17 December 2021. However, the company reserves the right to withdraw the offer at any time.
Check the promotion in detail here. Contact a member of the company to discuss the free gifts in detail on 0345 602 1885.
If you’re looking for over 50s insurance, the UK firm Sun Life is offering a free Love2Shop gift card worth £120. The money can be spent at various brands, including Boots, American Golf, Argos, M&S, Shoe Zone, Matalan, Currys, Edinburgh Woolen Mill, and Barclays Diamonds.
Note that the company can limit the number of gifts per customer. The offer can only be redeemed after the first six months of your policy.
See the offer here. If you’d like to discuss the promotion with Sun Life, contact their friendly team on 0800 904 7674.
Post Office offers new customers who buy either its Post Office Money Life Insurance or Post Office Money Easy Life Insurance policies a £50 Gift Card/e-Gift Card for M&S, Amazon, or Argos.
To redeem the offer, you must have held your policy for at least 180 days, after which the company will contact you. The promotion is open to anyone between 18 and 70-years old when buying the Money Life Insurance and 18 to 50-years old when buying the Money Easy Life Insurance policy.
Note that this offer cannot be used with other offers or promotions you may have received for your Post Office policy. Also, each offer is only available for one person, so you won’t be able to get two gift cards if you’re buying a joint policy.
View the promotion in detail here.
UK insurance firm Churchill Insurance (Churchill), famous for its bulldog mascot, is offering new customers that buy one of its Churchill Term Life Insurance policies an e-Gift card worth up to £180 to be used with either M&S, Tesco, or Amazon.
Note that the value of the gift depends on how much premium you pay. For example:
The promotion is valid for any new policy bought after 22 July 2019. You may qualify for the gift offer once you’ve held your life insurance policy for at least six months. The offer is limited to one per household, whilst customers who bought a policy via a cashback site will not be eligible.
To view the offer in detail, visit the company site here. The promotion is handled by MLP, who can be contacted here at 01565 656 144.
Free gifts are a fantastic incentive to sweeten the deal when taking out a new life insurance policy. However, as tempting as it may be to go for the highest value gift or the one that offers the most fun activities, you should always ensure that the policy provided meets your requirements first.
Generally, you want to get multiple quotes to compare prices and coverage. Insurance companies can be flexible, so the first quote you get won’t necessarily be the cheapest. If you fail to do this, you could end up paying more than you need or not getting the right coverage for you.
You should also be thorough when examining the policies offered by companies, as you could be in for a surprise if you were to make a claim and found that you missed a detail that wasn’t covered by your policy.
Remember, you should take advantage of the gifts. Just make sure the policy is right for you as well.