Author Topic: Life Insurance Cover  (Read 237 times)

Hugh

  • Hero Member
  • *****
  • Posts: 10313
Life Insurance Cover
« on: Feb 13, 2020, 03:46:02 PM »
Not got one myself, but many adverts trying to make out you can leave thousands of pounds to cover funeral expenses for your love one's for less than £2 a week. It would take 10 years to pay in £1000 it sounds like a very big con to me.

klondike

  • Hero Member
  • *****
  • Posts: 23258
Re: Life Insurance Cover
« Reply #1 on: Feb 13, 2020, 04:10:54 PM »
IMO you'd do better putting the cash under your mattress. They are all just saving schemes with a probably negative rate of return. Somebody has to pay for Parkies successor the TV ads and the "free" gifts.
So long and thanks for all the fish

zoony

  • Hero Member
  • *****
  • Posts: 63553
Re: Life Insurance Cover
« Reply #2 on: Feb 13, 2020, 04:14:25 PM »
Completely agree..These companies prey on folks' insecurities..imo
"Listen to the wind, it cleans the mind."

"Never use money to measure wealth, son"

                                           cowboy wisdom.