Shop around for the best deals on all your insurances. The cost of life cover has fallen over the last few years, in some cases by as much as 50%. If you have simple term assurance it is possible to replace one policy with another, but remember to get your replacement cover in place before cancelling your existing cover. Banks and building societies can be particularly expensive - it is not unknown for a good insurance broker to be able to halve the cost of buildings and insurance cover.