cherriepie Posted February 7, 2017 Share Posted February 7, 2017 Hi, my husband is having a problem trying to get life insurance. Has anyone else had problems obtaining life insurance and can recommend a company? Thanks Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted February 7, 2017 Share Posted February 7, 2017 Hi, my husband is having a problem trying to get life insurance. Has anyone else had problems obtaining life insurance and can recommend a company? Maybe try a specialist insurance broker? Link to comment Share on other sites More sharing options...
Downsunder Posted February 8, 2017 Share Posted February 8, 2017 I can't recommend a company since I don't live in the UK but here's something to look out for. Few years ago I was offered life insurance by my Superannuation provider, very good rates, payable from my super, wouldn't miss it etc etc. So I took in on. When I retired and stopped paying into my Super, I called the company up and asked them what I should do about the life insurance. They said I could continue to pay it from my own funds which I was happy to do. Then he said "You know we only cover you to the age of 70." I felt totally duped - I thought life insurance was, like, payable to my family on my death. The moral of the story is: when it comes to insurance, read the small print, don't suppose anything! I told the bloke I wasn't planning on dying before 70 and cancelled the policy. Link to comment Share on other sites More sharing options...
cherriepie Posted February 8, 2017 Author Share Posted February 8, 2017 Thanks for that, but if he dies before the age of 70 I get nothing. Unfortunately I don't have a crystal ball. Link to comment Share on other sites More sharing options...
willman Posted February 8, 2017 Share Posted February 8, 2017 IIRC terminal life insurance etc does have a cut off point which has just been reviewed and extended. Regarding the op - i used Legal & General, but if he tries a comparison website i guarantee he'll be inundated with sales calls afterwards offering what he needs. Link to comment Share on other sites More sharing options...
scrapper Posted February 8, 2017 Share Posted February 8, 2017 give liverpool-victoria a ring Link to comment Share on other sites More sharing options...
max Posted February 8, 2017 Share Posted February 8, 2017 Have him look through his Union documentation, they usually offer cheap insurance. Link to comment Share on other sites More sharing options...
cherriepie Posted February 8, 2017 Author Share Posted February 8, 2017 Thanks everyone. Link to comment Share on other sites More sharing options...
spilldig Posted February 8, 2017 Share Posted February 8, 2017 I can't recommend a company since I don't live in the UK but here's something to look out for. Few years ago I was offered life insurance by my Superannuation provider, very good rates, payable from my super, wouldn't miss it etc etc. So I took in on. When I retired and stopped paying into my Super, I called the company up and asked them what I should do about the life insurance. They said I could continue to pay it from my own funds which I was happy to do. Then he said "You know we only cover you to the age of 70." I felt totally duped - I thought life insurance was, like, payable to my family on my death. The moral of the story is: when it comes to insurance, read the small print, don't suppose anything! I told the bloke I wasn't planning on dying before 70 and cancelled the policy. That is ridiculous Downsunder, but sadly, typical, and it's the reason why I have as little to do with insurance companies as possible. Link to comment Share on other sites More sharing options...
willman Posted February 8, 2017 Share Posted February 8, 2017 That is ridiculous Downsunder, but sadly, typical, and it's the reason why I have as little to do with insurance companies as possible. I had a call recently advising me of the changes to these policies - they've extended terminal cover to 75 or 77 i think. Originally these were designed to protect mortgages hence the cut off ages. i think. They offered me a lower amount of insurance for 3 additional years for twice the premium i'm paying - now i know cold calling work is hard but that must be the hardest sell in the world. Link to comment Share on other sites More sharing options...
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