O
oysterman
Guest
Recently (3 months ago) took out a life policy with Hibernian, paying a premium of €1021 pa.
LA Brokers quoted me yesterday €926 for identical cover - which, amazingly, would also be with Hibernian.
But LA Brokers would give me a year one discount of €834.
Therefore, the first year of this policy would cost me net €92, a saving of €929 versus my current (identical) policy.
Obviously, I'm a mug for not having bought online in the first place....we'll take that as a given.
But I'm wondering is there anything to stop people buying a new policy every year from equivalent outlets like LA Brokers and enjoying constant first year discounts?
LA Brokers quoted me yesterday €926 for identical cover - which, amazingly, would also be with Hibernian.
But LA Brokers would give me a year one discount of €834.
Therefore, the first year of this policy would cost me net €92, a saving of €929 versus my current (identical) policy.
Obviously, I'm a mug for not having bought online in the first place....we'll take that as a given.
But I'm wondering is there anything to stop people buying a new policy every year from equivalent outlets like LA Brokers and enjoying constant first year discounts?