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Life insurance that pays out if.....
Legacy_user
Posts: 0 Newbie
you dont die etc after the term (eg 10 years).....think it might be an endowment type thing??
when i was a bit younger i remember my parents having policies that paid out a bit of money (few thousand) if you dont die after paying for your police-at end of term.
does anyone know if you can still get such policies??
me and my husband are trying to arrange cover and i'd prefer to have one like this but am not very good finding things like this!!!
thanks in advance,
claire x
when i was a bit younger i remember my parents having policies that paid out a bit of money (few thousand) if you dont die after paying for your police-at end of term.
does anyone know if you can still get such policies??
me and my husband are trying to arrange cover and i'd prefer to have one like this but am not very good finding things like this!!!
thanks in advance,
claire x
0
Comments
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endowments are what you are referring to.
However, if you can find an insurance company still selling endowments, expect to pay about 7 or 8 times more what you would pay for a level term assurance.
Do you get money back on your home insurance?
Do you get money back on your car insurance?
Then why do you want to get money back on live assurance?
If you have extra budget then stick with a level term assurance and put the rest into proper savingsI am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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