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Parenting

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Life insurance

4 replies

mandy20x · 03/11/2021 18:11

If you have life insurance who is it with? Am looking to get one but dont know much about it and the companies

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MissConductUS · 03/11/2021 18:18

I can't recommend companies, but I can tell you to buy term insurance instead of whole life, which is vastly more expensive and sold as an investment/forced savings plan.

www.nerdwallet.com/article/insurance/term-vs-whole-life-insurance

Insurance salespeople make big sales commissions on whole life policies, so they will try to steer you to one of those even though it's a terrible deal for you.

T0rt0ise · 03/11/2021 18:40

Vitality. Covered what we wanted and not horrendously expensive.

Chelyanne · 03/11/2021 18:43

Use a comparison site.

Martin Lewis is good for tips on what to look for in a provider.
www.moneysavingexpert.com/health-insurance/

I have 2 policies, one for a lump sum and the other to clear the mortgage.

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Eri21 · 03/11/2021 20:06

After having a baby I also started to look into different companies,offers etc.
Would love to hear some experiences. Flowers

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