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Life Insurance for Teenagers?
medwic
Posts: 4 Newbie
Teens dont usually worry about this sort of thing but as a parent of 18 yr old have thought how I would afford a funeral if the worst was to happen. What would be best to do - a level term insurance for a few years until he is able to afford his own life insurance, or one with a savings plan? Any recommendations for who to go with for either or anywhere that specialises in this?
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Comments
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A level term plan is probably going to be the cheapest/easiest option.
They dont really do life policies with savings plans in the main anymore. Might be worth a chat with a mortgage or financial advisor though.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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