Source: www.topcashback.co.uk
These offers and prices are correct as of 19/03/24 but are subject to change or withdrawal without notice by the cashback site and/or provider
Beagle Street up to £1,500 TopCashBack offer
Let's look at the headline offer from Beagle Street on TopCashBack.co.uk of up to £1,500 cashback.
Sounds pretty appealing. Let's look at the detail...
Firstly, is everyone entitled to claim the £1,500 cashback when taking out a policy with Beagle Street?
The answer, unfortunately, is no.
While you’ll be entitled to claim cashback when taking up this offer, only those who obtain the maximum sum (a premium of 250.00) will be eligible to claim £1,500 cashback.
The reality for most of us, regardless of policy type and cover amount, is that our premiums will cost nowhere near £250 a month.
The £1,500 figure is quoted to encourage click-throughs, thereafter the cashback offer (as with ALL offers) is scaled.
The higher the monthly premium, the more cashback you receive. Which can lead you to pay more than is necessary if you’re unsure of the level of cover you require.
To put things into perspective, the Beagle Street website currently advertises £200,000 of life insurance from £10 per month (based on a 30 year old non-smoker).
£200,000 is a very generous sum assured which could help to cover many expenses for your loved ones.
A premium of £10 per month could still earn you £100 cashback with the current Beagle Street offer.
The most important thing when securing life insurance is making sure you get the right policy, an appropriate term length, whilst locking in the best premium.
Remember your motive for taking out life insurance in the first place; to make sure your family would be protected if anything were to ever happen to you.
Try not to let a cashback incentive detract from your original motivation for life insurance protection.
- The quote has to be started and completed solely on TopCashback
- Only available to new customers
- You’ll need to pay a certain amount of premiums before cashback is issued (typically this is 6 months of premium payments)
- Quotes obtained through a comparison site and then completed on TopCashback won't be eligible
- You must have your BACS details registered in order to acquire cashback
- Cashback rates are subject to change, (up and down)
- Cashback offer won’t be completed if you cancel the policy
- It’s wise to check the insurer's policy terms and conditions on their website
As you can see from the above, if you decide to go down the cashback route, it's important to read the small print to check you're eligible.