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Original poster

life insurance-how much are people paying

11 replies

mum2oliver · 02/12/2006 14:58

what do people pay and what cover do we need
?

OP posts:

AllieAndTheIvy · 02/12/2006 14:59

mine is mortgage protection and it is £12.23 per month

Original poster

mum2oliver · 02/12/2006 15:00

Im going to chaeck mine now.I pay £81.74 a month.Not sure what this covers.Do you feel thtas ok having mortgagae cover?

OP posts:

asleep · 02/12/2006 15:03

mortgage protection is £9.57 a month (just for DP, i got refused)

Yorkiegirl · 02/12/2006 15:09

Message withdrawn

Original poster

mum2oliver · 02/12/2006 15:17

SAHM'S?

OP posts:

Yorkiegirl · 02/12/2006 15:27

Message withdrawn

Judy1234 · 02/12/2006 16:03

I have quite a bit via Direct Line. If you work you need a capital sum that if invested at 3 - 5% would be the same as your gross salary I suppose in an ideal world plus cover for your non work services too. If you don't work then I suppose a lumop sum that yields the cost of those services you provide if you died which your partner might need to replace.

LadyOfThePoinsettias · 02/12/2006 16:41

i cant even get dh insured! he has type 1 diabetes.
anyone else with this got insured? i need to get him insured. me sahm- worth nothing! lol
he earns the green!!

Original poster

mum2oliver · 02/12/2006 20:23

We get a lump sum paid if there is death.My child gets lump sum too and we are covered for crytical illness.Is £81.74 a lot?

OP posts:

Tinker · 04/12/2006 12:33

Depends on your age when you take it out, length of mortgage and whether have critical illness cover or not re the cost. I've been quoted £50 per month to pay off mortgage if I die or get a critical illness in next 22 years - I'm 42 now.

Get separate policies though, not joint.

nsl · 05/12/2006 09:04

Contact Diabetes UK. They will give you the number for their brokers Heath Lambert who broke life insurance for type 1, I think with Norwich Union. I never went through with it in the end because I got so sick of the whole process.

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