A life insurance quotation is easier to assess when you compare the cover, eligibility and price on the same basis. If Lycetts Insurance Brokers in Edinburgh is on your list, this guide sets out what to check.
Publicly available details for Lycetts Insurance Brokers
Public business listings show Lycetts Insurance Brokers based at Hanover Buildings, 45 Hanover St, Edinburgh EH2 2PJ, United Kingdom. It has few or no Google reviews recorded in our source at the time of writing. That alone is not an assessment of the firm or its service. Its website is lycetts.co.uk if you want to check its own wording first.
Reading public reviews in context
Our public source records few or no Google reviews for Lycetts Insurance Brokers at the time of writing. The absence of a recorded review score is not an assessment of the firm's service.
Understand the broker's service
Ask the broker to explain the basis on which it searches or recommends policies. Its own documentation should state whether it offers a fair and personal analysis of the market or works with a selected range of insurers.
Making a like-for-like comparison
Price is only one part of a life insurance decision. Compare the underwriting basis, whether premiums are guaranteed or reviewable, and any optional benefits as well as the premium, using the insurer's policy documents and a personalised explanation where appropriate.
Before you choose a policy
A good broker will walk you through these without being asked. If they do not, ask anyway:
- whether underwriting is full medical or moratorium
- if premiums are guaranteed or reviewable
- what happens to cover if you miss a payment
- whether critical illness cover is included or separate
What to ask about the broker's service
Ask any broker how it is paid and whether it charges fees. The answer should be set out in its client documentation, alongside the service it provides and any relevant disclosure about remuneration.
Choosing the service that suits you
If you live or work in Edinburgh, use the firm's own documentation to understand its service. You can then decide whether an additional quotation would be useful for your circumstances.
Compare another quotation on the same basis
The form lets you request contact from one selected FCA-authorised broker. It will explain its service and discuss suitable policies available through it. There is no obligation to buy.
There is value in asking the same questions of more than one service. Request a call from one selected FCA-authorised broker and compare the answers, policy documents and price on a like-for-like basis.
We have not assessed Lycetts Insurance Brokers's service or the suitability, price or availability of any policy. Use its own documentation and personalised advice from an authorised firm when making a decision.