We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Teenage life insurance?
Options
misters_2
Posts: 516 Forumite
Can i take out life insurance for my 14 year old, no joke, serious.
If i can what is the best way to go about it and is there any recommendations?
Thanx.
If i can what is the best way to go about it and is there any recommendations?
Thanx.
:cool: :cool: misters :cool: :cool:
0
Comments
-
You have to have an insurable interest. What would be your insurable interest?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.0
-
Dont even know what an isurable interest is.
I was looking at some sort of thing as both me and my partner are insured, but i was thinking what if the worse was to happen and our child wasn't insured?:cool: :cool: misters :cool: :cool:0 -
Ok, wording it differently. How would you be financially worse off if your child was to die?
It is unlikely that you would be so there is no reason to insure. Some life policies taken out by the parent do have cover for under 18s built into them but the amounts are usually relatively small and just to cover time off work etc.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.0 -
Cant I even take out cover for funeral expensise etc.?:cool: :cool: misters :cool: :cool:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards