Life Insurance and Critical Illness

modelreject

Hi,

I have spoken to a financial advisor and he has recommended that myself and my partner take out lifeinsurance and critical illness cover with a company called Bright Grey. Anyone with them or heard much about them?

Many thanks.

Also, any advice on questions to ask would be great. It's a depreciating cover. What are the advantages/disadvantages of this?

dunstonh

Anyone with them or heard much about them?

Part of the one of the biggest insurers in the UK.

What are the advantages/disadvantages of this?

it goes down in line with the mortgage (assuming its for a mortgage as that is the most common decreasing need that decreasing term assurance is used for).

To be honest, if you have questions then you should ask the adviser. That is what they are being paid for. Make them work for the money. Plus, you get consumer protection if information supplied is wrong. You dont get that here.

modelreject

I'll be sure to bend his ear.