Quick question and a scenario you didn’t cover. What happens if you take out a decreasing one for say 20 years and for £400k. You then pass away after 21 years ? Do you get nothing? After paying all that money in for 20 years because it’s now 1 year past the term?
Another great video. This type of insurance is definitely worth looking into.
Hi
Quick question and a scenario you didn’t cover.
What happens if you take out a decreasing one for say 20 years and for £400k. You then pass away after 21 years ? Do you get nothing? After paying all that money in for 20 years because it’s now 1 year past the term?
You got it lol