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scottish provident wealth preservation plan
shellshine
Posts: 1 Newbie
I have been with Scottish Provident for 10 years and now is the 10th anniversary of the plan. Monthly payments have gone from £77 a month to nearly £550. I have 3 options
1. Quit the policy
2. Carry on paying £77 for vastly reduced benefits
3. Pay the new premium, in the knowledge that in 5 years time when I am 78 there will be a further review.
Any comments Mike
1. Quit the policy
2. Carry on paying £77 for vastly reduced benefits
3. Pay the new premium, in the knowledge that in 5 years time when I am 78 there will be a further review.
Any comments Mike
0
Comments
-
It is difficult for us to comment as we dont know why you have the policy. If you are in good health or relatively good health then a modern non-investment linked policy with guaranteed premiums may offer an alternative.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
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