Life Insurance Premiums set to rise

Global life insurance premiums are on course to grow by 3% in both 2025 and 2026, according to new research from Swiss Re. This growth rate is more than double the average from the past ten years. 

For UK business owners, this signals the right time to put cover in place before rates start to spike in future years.

Driving Factors

The driving factors behind this surge include stronger real wage growth, higher interest rates that energise the savings market and increased demand from the next generation of entrepreneurs who are now at the age where life insurance is essential to them.

As the awareness of the tax efficient insurance for company owners grows so does the risk for insurers who now have a larger exposure to the that part of the market.

How we can help

We are currently finding that insurers are actively looking to build business protection booms and as such rates are competitive, however, based on the Swiss Re research, we don’t know how long this will be the case.

For a free quotation that shows the best value from every insurer in the business protection market reach out to us. No need to call every insurer yourself as we can show you rates for all of them.