Survey reveals you can save more than €5,600 on life, mortgage insurance

People can save more than €5,600 on life and mortgage insurance by shopping around, according to a study.

The National Consumer Agency (NCA) Life Insurance Comparison survey found that consumers can make savings of up to €3,087 on mortgage protection insurance and couples could potentially save up to €5,687 on dual term-life insurance and €3,881 on joint mortgage protection insurance.

The survey pointed out that “small differences” in monthly premium payments can result in significant savings over the term of the policy.