If you live in the Channel Islands and are looking for great value life insurance, you have come to the right place. We specialise in life insurance and related products for Jersey residents and we will help you to find the right cover at the right price.
You may have heard that if you live on Jersey and need life insurance you’ll have a limited choice of insurers and policies. Most insurers offer cover to applicants from Jersey so if you’re looking for cover you don’t have to seek out a specialist local broker or pay more for your protection.
However, there are still insurers who won’t protect Jersey residents. Completing a lengthy life insurance application form only to be told that you’re not eligible for cover is both frustrating and time-consuming. That’s where we come in.
When you use Channel Islands Insured you’ll benefit from:
Get a quote for Jersey life insurance from I’m Insured today
Living in Jersey doesn’t significantly restrict your life insurance choices and it shouldn’t make it more difficult and expensive for you to get the protection that you need. So, rather than wasting your time looking for cover with insurers that don’t deal with Jersey residents, get in touch with I’m Insured today.
We’ll give you a great choice of life insurance deals at guaranteed low prices. When you use I’m Insured you’ll benefit from:
Get your life insurance quote today.
The island of Jersey is just 45 square miles in size but home to over 95,000 permanent residents. Located 100 miles south of England and just 14 miles from the French coast, it is the southernmost island of the British Isles.
The largest of the Channel Islands, Jersey has a unique relationship with Britain. It is not part of the United Kingdom or the European Union although the UK is responsible for the defence of Jersey. Similarly, Jersey has a special relationship with the EU for the purposes of free trade of goods and services.
Keep reading to learn more about Jersey’s legal and financial system.
An international finance centre
Jersey has a significant financial services industry with around 40 per cent of the country’s GVA coming from this sector.
The finance industry on Jersey has only properly existed in Jersey since 1962, when a law that had capped interest rates at 5 per cent was abolished. In subsequent years many financial institutions were drawn to the Island by its stable government, proximity to both the UK and continental Europe and low taxes. Jersey is now an international financial centre, with over 33,000 registered companies.
The Jersey Financial Services Commission is responsible for the regulation and supervision of the financial services industry on the island including banking, insurance business, trust and company service providers and general insurance mediation business.
From November 2015 the Channel Islands Financial Ombudsman (CIFO) will have the power to investigate and resolve complaints about financial services provided in/from Jersey, Guernsey, Alderney and Sark.
Jersey’s legal system
Jersey’s legal system is bigger than neighbouring Guernsey, partly due to the Bailiwick’s larger financial services industry.
Each of the Channel Islands has its own legal system and the laws are based on concepts from both English and French-Normal law. Because Jersey is not part of the European Union, it is not subject to EU legislation.
Both local and foreign lawyers can advise on trusts, finance and corporate law but only locally qualified Jersey lawyers are allowed to appear in front of the courts.
Insurance for Jersey residents
We specialise in helping you find the right life insurance. If you live on Jersey and you’re looking for great value life insurance from a range of providers who cover Jersey residents, we can help. We also guarantee discounted premiums, meaning your cover will be cheaper than if you apply directly.