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.

📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Permenant health insurance

Hi at the moment i have a critical illness cover with BUPA with life assuance built in. I am paying £100 per month for this for my husband and I. Thats £1200 a year:eek: Although this is a guaranteed policy rate. Do you think this is expensive? Anyone know who are reputable PHI providers as this may suits my needs better than CI. Thanks

Comments

  • Annisele
    Annisele Posts: 4,835 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    No way to know whether £100 per month is expensive. If it provides £10million of cover its a bargain; if it provides £10k of cover it's on the pricey side.

    You might want to discuss your needs with an IFA. PHI is a higher priority for many people than CIC, but not for everyone.
  • It provides £65000 each for husband and myself as it not a joint policy.
  • dunstonh
    dunstonh Posts: 121,288 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Anyone know who are reputable PHI providers as this may suits my needs better than CI.

    Any local IFA would do. Its mainly an IFA product, so you would need one anyway.
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.