Vitality life Insurance

Mandaloiian

Hello I’m new to any form of life Insurance but thought now is a good a time as any just to be on the safe side so I’ve taken cover up to £450k so Has anyone got any experience with vitality how are they as a company any information you can provide  and How are they with paying out insurance I don’t want to leave loved ones worry about all this I have Just life cover no illness cover.

dunstonh

Has anyone got any experience with vitality how are they as a company any information you can provide

We don't use them as their gimmicks are not a replacement for guaranteed premiums.  I think you will find similar opinions from those that post on here who could use them.

and How are they with paying out insurance I

Most life policies have similar pay out rates as life and death is pretty easy to define.

coachman12

Mandaloiian said:

Hello I’m new to any form of life Insurance but thought now is a good a time as any just to be on the safe side so I’ve taken cover up to £450k so Has anyone got any experience with vitality how are they as a company any information you can provide  and How are they with paying out insurance I don’t want to leave loved ones worry about all this I have Just life cover no illness cover.

I'm confused that you are asking for advice about an insurance company when you seem to suggest that you have already "taken cover up to £450k". Have you taken out any insurance yet ? And what does "I've taken cover UP TO £450k"--------what does "up to" mean please?
As for life insurance generally, I have term insurance and whole of life policies with a number of different companies. One of them is Vitality, one of the top 10 life companies in UK in all the comparison sites; and I found Vitality much different to all the "normal" companies ( Aviva, Royal London, Legal & General etc ) in that Vitality kept inundating me with all sorts of "rewards",health regime ideas" and what dunstonh rightly calls "gimmicks". But I simply got round to unsubscribing from all their gimmick email offers , schemes etc and since then they have just left me alone as all the other insurance companies do. Other than that mild original irritation, I have no bad comment about Vitality and I recognise how successful they are in the UK market.
As for Vitality's record in "paying out", I have nothing to suggest they are any better or worse than all other well-known life companies------so long as you have been 100% honest in answering all their application form questions. As you say you are a newcomer to life insurance, I stress the latter aspect------make sure you reveal ALL medical matters of relevance, answer the questions completely truthfully and keep nothing back or tell fibs.
There are lots of online comparison sites online for life insurance and I suggest you view them and look at what they all offer and their premiums. And with £450k, you may want to use more than one insurer rather than just go for one single company.

Mandaloiian

coachman12 said:

Mandaloiian said:

Hello I’m new to any form of life Insurance but thought now is a good a time as any just to be on the safe side so I’ve taken cover up to £450k so Has anyone got any experience with vitality how are they as a company any information you can provide  and How are they with paying out insurance I don’t want to leave loved ones worry about all this I have Just life cover no illness cover.

I'm confused that you are asking for advice about an insurance company when you seem to suggest that you have already "taken cover up to £450k". Have you taken out any insurance yet ? And what does "I've taken cover UP TO £450k"--------what does "up to" mean please?
As for life insurance generally, I have term insurance and whole of life policies with a number of different companies. One of them is Vitality, one of the top 10 life companies in UK in all the comparison sites; and I found Vitality much different to all the "normal" companies ( Aviva, Royal London, Legal & General etc ) in that Vitality kept inundating me with all sorts of "rewards",health regime ideas" and what dunstonh rightly calls "gimmicks". But I simply got round to unsubscribing from all their gimmick email offers , schemes etc and since then they have just left me alone as all the other insurance companies do. Other than that mild original irritation, I have no bad comment about Vitality and I recognise how successful they are in the UK market.
As for Vitality's record in "paying out", I have nothing to suggest they are any better or worse than all other well-known life companies------so long as you have been 100% honest in answering all their application form questions. As you say you are a newcomer to life insurance, I stress the latter aspect------make sure you reveal ALL medical matters of relevance, answer the questions completely truthfully and keep nothing back or tell fibs.
There are lots of online comparison sites online for life insurance and I suggest you view them and look at what they all offer and their premiums. And with £450k, you may want to use more than one insurer rather than just go for one single company.

coachman12 said:

Mandaloiian said:

Hello I’m new to any form of life Insurance but thought now is a good a time as any just to be on the safe side so I’ve taken cover up to £450k so Has anyone got any experience with vitality how are they as a company any information you can provide  and How are they with paying out insurance I don’t want to leave loved ones worry about all this I have Just life cover no illness cover.

I'm confused that you are asking for advice about an insurance company when you seem to suggest that you have already "taken cover up to £450k". Have you taken out any insurance yet ? And what does "I've taken cover UP TO £450k"--------what does "up to" mean please?
As for life insurance generally, I have term insurance and whole of life policies with a number of different companies. One of them is Vitality, one of the top 10 life companies in UK in all the comparison sites; and I found Vitality much different to all the "normal" companies ( Aviva, Royal London, Legal & General etc ) in that Vitality kept inundating me with all sorts of "rewards",health regime ideas" and what dunstonh rightly calls "gimmicks". But I simply got round to unsubscribing from all their gimmick email offers , schemes etc and since then they have just left me alone as all the other insurance companies do. Other than that mild original irritation, I have no bad comment about Vitality and I recognise how successful they are in the UK market.
As for Vitality's record in "paying out", I have nothing to suggest they are any better or worse than all other well-known life companies------so long as you have been 100% honest in answering all their application form questions. As you say you are a newcomer to life insurance, I stress the latter aspect------make sure you reveal ALL medical matters of relevance, answer the questions completely truthfully and keep nothing back or tell fibs.
There are lots of online comparison sites online for life insurance and I suggest you view them and look at what they all offer and their premiums. And with £450k, you may want to use more than one insurer rather than just go for one single company.

Hi thanks for the reply and I am wholeheartedly new to the world of life Insurance I’ve taken cover of 450k with vitality after checking the trust pilot reviews they seem great I think it’s because it’s the first time I’ve taken something like this out that I’m second guessing myself and I’ve been honest with them but was just confused about the wording on the documentation regarding trustees and what not and because of the whole Covid issue it’s been a little difficult reaching them by phone but will keep trying And yes they have the whole reward program not something I’m interested in but it’s great for some I guess. Thanks for reply

Mandaloiian

dunstonh said:

Has anyone got any experience with vitality how are they as a company any information you can provide

We don't use them as their gimmicks are not a replacement for guaranteed premiums.  I think you will find similar opinions from those that post on here who could use them.

and How are they with paying out insurance I

Most life policies have similar pay out rates as life and death is pretty easy to define.

This is something that seems to confuse me I’ve tried to contact them about it as some people I’ve spoken to say there premiums increase but on the wording of my documents it’s guaranteed premium and it’s all new to me so I keep second guessing myself.

davidmcn

Mandaloiian said:

davidmcn said:

Just a would-be spammer bumping up their post count with meaningless drivel.

I’d hardly call asking for advice drivel but then maybe I’m just a nice person Not looking for the negative and just expecting genuine advice 

In that case, my apologies, but your posting history so far looks like the sort of thing spammers do in order to have enough posts to post links i.e. dash off a load of quick stream-of-consciousness comments on various threads without really engaging with them.

Mandaloiian

davidmcn said:

Mandaloiian said:

davidmcn said:

Just a would-be spammer bumping up their post count with meaningless drivel.

I’d hardly call asking for advice drivel but then maybe I’m just a nice person Not looking for the negative and just expecting genuine advice 

In that case, my apologies, but your posting history so far looks like the sort of thing spammers do in order to have enough posts to post links i.e. dash off a load of quick stream-of-consciousness comments on various threads without really engaging with them.

I’ve used this site many years It’s been great but not really engaged on the forum side I tend to keep most my chatting away At Hotdeals that’s my preferred platform For money saving needs But the advice here is genuine and well researched that’s what I like about it.

dunstonh

after checking the trust pilot reviews they seem great

Never ever buy a financial product on the basis of trustpilot reviews.  Indeed, never buy anything on that basis.  Most of the people giving reviews are clueless. Often they have only just bought it and not experienced anything other than the sales process - and the sales process usually the easiest and smoothest stage.  Some pressure people into making a positive review.  Some scams have had near perfect reviews.     You can buy the services of companies that create fake reviews.

This is something that seems to confuse me I’ve tried to contact them about it as some people I’ve spoken to say there premiums increase but on the wording of my documents it’s guaranteed premium and it’s all new to me so I keep second guessing myself.

There are options which can reduce your premium if you commit to a lifestyle but if you fall away from that lifestyle then the premiums go up.  They check every 2 years.

Conventional life assurance has no gimmicks and is simple (as long as you go for guaranteed premiums and not renewable or reviewable).  

If you are a fitness buff, it could be a viable option for you.  If you are an average consumer, you will probably find alternatives better (although it depends on how you buy the products)

Weighty1

So which Vitality Life plan have you taken?  Is it the Essentials plan, the Vitality Wellness Optimiser plan or the Vitality Optimiser plan?
There's a big difference between how the 3 of them work and whilst all 3 are "guaranteed premiums" only the Essentials plan has a premium which would be guaranteed never to change.  The other 2 have premiums which can both increase or decrease based on how you engage with the Vitality/Wellness programme.

Mandaloiian

Weighty1 said:

So which Vitality Life plan have you taken?  Is it the Essentials plan, the Vitality Wellness Optimiser plan or the Vitality Optimiser plan?
There's a big difference between how the 3 of them work and whilst all 3 are "guaranteed premiums" only the Essentials plan has a premium which would be guaranteed never to change.  The other 2 have premiums which can both increase or decrease based on how you engage with the Vitality/Wellness programme.

It’s the essentials plan that I’ve got just had a look at the docs I didn’t actually know they had different plans with regards to life insurance I know you can add things like serious illness but didn’t know about the optimiser plan and what not.

Mandaloiian

dunstonh said:

after checking the trust pilot reviews they seem great

Never ever buy a financial product on the basis of trustpilot reviews.  Indeed, never buy anything on that basis.  Most of the people giving reviews are clueless. Often they have only just bought it and not experienced anything other than the sales process - and the sales process usually the easiest and smoothest stage.  Some pressure people into making a positive review.  Some scams have had near perfect reviews.     You can buy the services of companies that create fake reviews.

This is something that seems to confuse me I’ve tried to contact them about it as some people I’ve spoken to say there premiums increase but on the wording of my documents it’s guaranteed premium and it’s all new to me so I keep second guessing myself.

There are options which can reduce your premium if you commit to a lifestyle but if you fall away from that lifestyle then the premiums go up.  They check every 2 years.

Conventional life assurance has no gimmicks and is simple (as long as you go for guaranteed premiums and not renewable or reviewable).  

If you are a fitness buff, it could be a viable option for you.  If you are an average consumer, you will probably find alternatives better (although it depends on how you buy the products)

I’m second guessing myself even more now 😕 I’m not a fitness buff I’m just average I work and go for long walks that’s about Fitness wise  I just thought they would I just read reviews and thought they would be fine it’s more for peace of mind I don’t plan on going anytime soon but if something did happen I’d want to know my loved ones wouldn’t have to worry about the financial side.