We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Question re IVA referral to Life Insurance Broker
DrowingNotWaving
Posts: 22 Forumite
Hi
I hope this is the appropriate place to post this? Apologies if not.
I am in an IVA and recently had a call from them regarding help decrease my monthly outgoings.
They got me onto a cheaper energy plan which was great.
They have also referred me to an insurance broker who has been looking at finding cheaper life insurance policies for my husband and I.
My question really is whether I should have any concerns about them doing this. I am not really sure what I am worried about, perhaps the element of control in my affairs. The broker also wants me to agree that the policy must remain in place for four years.
Possibly I am looking for some one to tell me not to be daft or paranoid.
I look forward to any advice.
I hope this is the appropriate place to post this? Apologies if not.
I am in an IVA and recently had a call from them regarding help decrease my monthly outgoings.
They got me onto a cheaper energy plan which was great.
They have also referred me to an insurance broker who has been looking at finding cheaper life insurance policies for my husband and I.
My question really is whether I should have any concerns about them doing this. I am not really sure what I am worried about, perhaps the element of control in my affairs. The broker also wants me to agree that the policy must remain in place for four years.
Possibly I am looking for some one to tell me not to be daft or paranoid.
I look forward to any advice.
0
Comments
-
Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
will do, thanks.0
-
Hmm yes, commission for putting you on cheaper energy. Commission for new Life policies to the broker and a cut for them.
Me a cynic??Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
This discussion has been closed.
Categories
- All Categories
- 346.2K Banking & Borrowing
- 251.2K Reduce Debt & Boost Income
- 451.1K Spending & Discounts
- 238.2K Work, Benefits & Business
- 613.3K Mortgages, Homes & Bills
- 174.5K Life & Family
- 251.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards