They bank on you paying in more than you get out. Endowment policies used to be popular but are now not offered any more. Pure life insurance is cheaper to manage and more profitable as inflation eats away at your payout. I wouldn’t touch it with a barge pole.
I'm in quite a good mood today because I've just found out my ex wife has been struck off my life insurance. Spice World!
This insurance companies take your money and invest and make money
That was as helpful as a constipated backside stuck to a toilet
Can we borrow against our life insurance policies here in the UK?
They bank on you paying in more than you get out. Endowment policies used to be popular but are now not offered any more. Pure life insurance is cheaper to manage and more profitable as inflation eats away at your payout. I wouldn’t touch it with a barge pole.
Tell me more info on that please or direct me to more info, thanks. Looking at insurance now.
Im with Vitality!!
🔥🔥🔥
Whats the point in life insurance if your dead
You need intelligence insurance.
To provide financial security for your loved ones if you die
Good point
Good point!
Well, if you're selfish, you won't get it. If you have a family, mortgage, etc. then it looks after them