Review: Beagle Street life insurance

Key policy features

  • Accidental death benefits
  • Terminal illness cover included as standard
  • Choose between level term and decreasing term policies

Summary

Beagle Street is an online insurer that offers life and critical illness insurance. It was launched in 1992 by the BGL Group andt to transform its legacy life insurance business by introducing a simple online process that removes the need for medicals and meetings. It uses an online assessment tool to give consumers a quote according to their budget.

The BGL business has over 7 million customers and Beagle Street’s policies are underwritten by Scottish Friendly Assurance Society.

Should you pass away without making a claim, Beagle Street promises to monitor official registers so that loved ones receive the payout, even if they haven’t got the details to claim.

Learn more with our guide to the best life insurance providers.

Cover overview of Beagle Street’s life insurance

Life insurance can help relieve financial stress on your loved ones should the worst happen. The payout they can receive from your life policy can help to cover things like daily living costs, the mortgage or any remaining and outstanding debts you may have.

Life insurance can be split into two different types:

  • — A level term policy will pay a set amount upon your death. The premiums and payout are agreed upon when you set up the policy and they won’t increase or decrease over time.
  • — With a decreasing term life insurance policy, the amount of cover you choose will reduce over time and the payout you would receive in the event of your death will decrease. This type of policy is taken out for a fixed period of time, usually to cover a specific debt, like a mortgage.

Beagle Street’s life insurance policy includes as standard:

  • — ADB acts as a short term cover option when the insurer cannot provide an immediate decision on your application as it’s important that you’re covered while you wait.
  • Free will-writing service — Every customer who takes out a policy will be able to write their will at no extra cost.
  • — In the event of your loved ones having to make a claim, you can email your policy details to them so they have everything they need.
  • — All life insurance policies include terminal illness cover as standard at no extra cost. This means that if you’re diagnosed with a terminal illness and given less than 12 months to live, you’ll receive an early payout from your policy.

How much does Beagle Street insurance cost?

With most life insurance policies, it’s hard to generalise on cost as many factors can change the price of how much you’d pay such as your age, smoker status and health status.

We retrieved a quote for a male in his 50s who is a non-smoker and looking for a level term policy of £30,000. To take the policy out for 20 years and to include critical illness cover and child critical cover we were quoted £34.56 a month.

We also retrieved a quote for a female in her 20s who is a non-smoker and wanted a decreasing term policy of £100,000. To take the policy out for 35 years without critical illness cover it would cost £3.72 a month.

What do Beagle Street customer reviews say?

On the reviewer website Trustpilot, Beagle Street has received a score of 4.7 out of 5, with an overall score of “Excellent”, based on over 3,900 reviews (correct as of October 2021).

It’s a similar story on Reviewcentre, as Beagle Street has a rating of 4.7 out of 5 with over 95% of the over 300 reviews stating they would recommend the service (correct as of October 2021).

This article was written by Bought By Many. We were not paid to write it but we will receive commission if clicking on a link to one of the named insurers results in a reader taking out a policy with that insurer. We also charge for advertising space so a particular insurer may be highlighted in the article and, where insurers are listed, it can dictate where they appear in the list.