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business life insurance
Carrie321
Posts: 1 Newbie
Hi there everyone
Does anyone know if a Life Insurance policy on a business acccount is classed the same as PPI please?
Thanks in advance
Does anyone know if a Life Insurance policy on a business acccount is classed the same as PPI please?
Thanks in advance
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Comments
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Life Insurance is not PPI.0
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PPI is a policy that covers some of your payments if you are unable to earn money
Life insurance is a policy that pays out if you die
These are nothing at all alike and there is no issue with life insurance unless you are either immortal or in some rare situations such as being a home buyer with no dependants and thus no issue if you die and cannot pay the billsSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Does anyone know if a Life Insurance policy on a business acccount is classed the same as PPI please?
No.
Life assurance is life assurance
PPI is PPI.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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