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Quote: Originally posted by Free2013 on 13/2/2014
That's a lot cheaper then the £35 per month I pay I will need to chat with see what I am paying for.
But. I was only 18 when I took it out (so hopefully low risk of dying!). I don't drink or smoke and didn't have any health issues.
It also wasn't for a massive amount of money, and was a reducing term policy (or something like that) where the amount of cover decreases each year in line with the mortgage. So by year 20, I'm still paying the same amount, but covered for a lot less than in year 3. I can't give you exact numbers because I really can't remember!
But it wouldn't do any harm to get a new quote, or make sure you're not paying for extras that you don't want.
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Topic: Life insurance
