Quick Question about Level Term Assurance form?

JMU-95

Hi, just filling out the form for Term Assurance. Is it worth opting for Increasing Benefit or not?

Also the company quoted as cheapest for us are EGON-Scottish Equitable. Now I've heard of the latter but not the former part of this co. Are these reputable enough to go with?

When I opt not to have increasing benefit the cheapest is Norwich Union.

Thanks in advance - just need to know whether it's beneficial to have Increasing Benefit or not.

dunstonh

Is it worth opting for Increasing Benefit or not?

If you need it yes. If not, no.

Also the company quoted as cheapest for us are EGON-Scottish Equitable. Now I've heard of the latter but not the former part of this co. Are these reputable enough to go with?

Aegon own scot eq and recently added their name to the front of Scot Eq (bit like Nationwide Anglia when they came together and probably Scot Eq will vanish in a few years to become just Aegon just as Nationwide is now the name there).

I am not a fan of Scot Eq. Admin can be poor at times although their life assurance dept is seperate to the pensions side and its the latter where they are weaker. They are certainly reputable though.