Tailored Life Solutions Limited

Tailored Life Solutions, protection insurance brokerage in the UK

Tailored Life Solutions Limited is an advised insurance brokerage based in the UK and authorised and regulated by the Financial Conduct Authority (FCA) under number 972791. The firm presents itself as specialising in finding for each client the life insurance policy best suited to their circumstances, comparing not only value for money but also the most comprehensive cover available.

The company states that all of its advisers can be contacted on local UK phone numbers and that its activity is limited to the UK market. Unlike brokers that simply provide quotes on their websites or operate on a non-advised basis, Tailored Life Solutions emphasises that its model is personalised advice: advisers analyse each client's individual needs before recommending a policy.

Protection products available

The brokerage's range covers the main types of personal protection insurance:

• Life insurance.
• Critical illness insurance.
• Income protection.
• Mortgage protection.
• Family income benefit.
• Whole of life insurance.
• Over 50's insurance.

Comparison between insurers and free quotes

The firm compares rates from some of the UK's largest insurers, including well-known names such as Legal and General, Aviva and AIG, among others. According to its presentation, it offers completely free, no-obligation quotes, and seeks for the client both the best value for money and the most comprehensive policy.

Advice for first-time buyers

Tailored Life Solutions notes that, for those taking out life insurance for the first time, the market can seem complicated and daunting. Its stated aim is to simplify the process of choosing a policy, explaining the available options and recommending a product and solution after understanding the client's circumstances.

Variables that influence a life policy

The website details some of the factors that determine the design and cost of life insurance:

• Term: it can be taken out for the requested period, from as little as five years up to covering the insured for life, in which case it is a 'whole of life' policy. In general, the longer the period covered, the higher the cost.
• Sum assured: it can range from £5,000 to several million, with premiums increasing according to the amount.
• Payment method: most policies pay a lump sum to the beneficiaries in the event of death, although a monthly or annual income for the family over a number of years can also be chosen, or a combination of both.
• Cover included: it is possible to choose for the policy to pay out on death, critical illness or diagnosis of a terminal condition.

The company indicates that there are other variables and options to tailor the policy to each specific need.

Company and regulatory details

Tailored Life Solutions Ltd is registered in England and Wales under number 11647228 and authorised and regulated by the Financial Conduct Authority under number 972791. The firm operates with a registered address at Deer Park Farm Industrial Estate, Fair Oak (Hampshire), and a trading address at Fulflood Road, Havant (Hampshire).

Offices and premises

Office 1: 1st Floor Unit 2CA Deer Park Farm Industrial Estate Knowle Lane Fair Oak Hampshire SO50 7DZ

Office 2: Tailored Life Solutions Ltd Ciret Fulflood Road Havant Hampshire PO9 5AX