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£100,000 Life Insurance
19-09-2015, 08:49 PM (This post was last modified: 01-10-2015 12:08 AM by bastie.)
Post: #1
£100,000 Life Insurance
My wife are wondering how much life insurance we need? I've made great strides this year getting my financial planning in order.
One final piece of the puzzle is life insurance, and I'm looking for your perspectives on whole-life vs. term.
Our current policy would pay all our final expenses, but it's is not nearly enough to replace the recurring future cash flow if we got some disease or injury. I am thinking £100,000 Life Insurance would suffice us ( on top of the current insurance we have) -http://www.insurancehero.org.uk/types/10...rance.html
- what would you advise?
We are in contact with various advisors and online calculators.

However, there are really to many infos on the topic - not sure who is trustworthy and who is just biased seller ...

Who uses use whole-life? Why do you use it or why not? What do you think I should I be considering?
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20-09-2015, 09:31 AM
Post: #2
RE: £100,000 Life Insurance
Suggest you take advice from A FINANCIAL ADVISOR. The people you are posting to are BUILDERS... remember?
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15-07-2016, 06:18 PM
Post: #3
RE: £100,000 Life Insurance
Life insurance is a con !

If I had a £50 to £100,000 bet with my bookie and lost month after month, you would think I am stupid. Yet every month I bet £50 with my insurance company that I am going to die - never won yet !

Think I would rather save it up and have the lot on the world will end at better odds

Eitherway, I know I am going to die rich ! ~ knowing my luck -I will live for ever
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