Active discussions

Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Talk
Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Original poster

Life insurance

3 replies

ChablisLover · 14/03/2013 14:27

I am looking at taking out level term policies for DH and me for 25 plus years

we already have a decreasing cover and critical illness policy to cover mortgage

1 - can I do this?
2 - is there anything whereby there is a payout at the end of the term rather than on death - so basically I am looking for a policy which will pay on death or at the end of the term?

Thanks

OP posts:
Notmadeofrib · 14/03/2013 14:46
  1. yes
  2. yes! various things available.

speak to an IFA as #2 is an investment vehicle.

Original poster
ChablisLover · 14/03/2013 19:32

Thanks

I think the second is basically an endowment type policy isn't it?

Will try and make an appointment with an Ifa rather than trying myself

OP posts:
Notmadeofrib · 14/03/2013 19:42

Yes, but there are some modern ones out there and you will have choices. I think your save/protect strategy is a good one (if you really need the level of insurance you describe)

New posts on this thread. Refresh page