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Insurance for my teenage sons

Caz071326
Caz071326 Posts: 1 Newbie
in Insurance & life assurance
Can anyone recommend an insurance company for life insurance, I have 1 18 year old and 2 20 year olds all working for the family company. I am looking for an insurance policy with savings also.

Cheers

Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Just my opinion but life insurance and savings should be separate.
    Just think back to the promises made when endowment policies were sold years ago!
  • lisyloo
    lisyloo Posts: 30,113 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yes, my gut feeling is the same.
    You will almost certainly get the best deals by seperateing out savings and insurance.
    Any combined product wil probably not be the best in both areas.
  • dunstonh
    dunstonh Posts: 121,309 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I am looking for an insurance policy with savings also.

    You want an endowment policy?

    I'm not sure there are any left nowadays that retail. There is no justification for them either as modern alternatives are more tax efficient and cheaper.

    Are you looking at the protection with the business covering as a form of key man protection or as family members with a financial need?
    I 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.
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