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Life insurance??

Just going through our paperwork and find we have a decreasing life insurance with LVe and also a flexiplan life insurance and critical care? Doni need both policies it feels like we have two life insurances with same company. This was arranged through a broker when we bought the house 8 years ago and we’re told we def needed them?! Now I’m not sure we need both?

Comments

  • Check to see if they meet your needs. If one is critical illness and the other life, don't be in a rush to cancel them, as they're likely to be much more expensive to replace.

    Then also check if the policies were in lieu of payment.
  • dunstonh
    dunstonh Posts: 119,906 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    duplicate thread.  Another post in the insurance section asking the same with answers on.
    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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