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Why are your premiums lower than my bank or building society?
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Well, first of all make sure you are comparing like with like. Once you are happy that both plans are the same then any difference in premiums is down to the fact that banks and building societies usually charge more for the same level of cover when compared to a broker. This may be because they tend not to search the whole market. Instead they tend to sell their own policies, or those of just one insurance company and then rely on consumer lethargy / misplaced trust to be able to sell overpriced policies.
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