Return of premium life insurance

Andelko
Andelko Posts: 6 Forumite
Second Anniversary First Post
in Insurance & life assurance
Hello!
I would appreciate if someone can give me a few examples which insurers offer return of premium waiver?
Thanks

Comments

  • dunstonh
    dunstonh Posts: 119,154 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Your thread title and your post ask different things. You may want to clarify which it is.
    few examples which insurers offer return of premium waiver?
    Thanks

    None of them return waiver of premium.

    Return of premium life insurance

    None of the maintream providers do this. A few niche providers do but the costings are not usually favourable.
    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.
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    I wish my life insurance offered my premiums back when the term finishes
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • Andelko
    Andelko Posts: 6 Forumite
    Second Anniversary First Post
    Sorry. I was reading about different waivers at the same time as writing this post. I'm interested in return of premium but it's impossible to find insurers offering this.
  • dunstonh
    dunstonh Posts: 119,154 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Andelko wrote: »
    Sorry. I was reading about different waivers at the same time as writing this post. I'm interested in return of premium but it's impossible to find insurers offering this.

    Any reason why you think they should offer that? After all, you dont get your home insurance premiums back.

    Also, if you think logically about it, the people that do not claim see their premiums go against those that do claim. If all premiums for everyone were returned, what money would there be to pay out on claims?
    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.
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