Life Insurance

GrandOldTeam · July 18, 2016

Do you have it?

If so, why?
If not, why?

arch stanton · July 18, 2016

only got it to protect the mortgage when we moved house, before then (when we didn't have kid) there was no need. The house value way exceeded the mortgage, I had no dependants-no point. Different now like, worth a few quid dead is me, FFS

Ronnie lee · July 18, 2016

Yes..worth a fortune dead but alive next to nothing with ex wife and kids that suck the will to live from my bones!! :rant:

roydo · July 18, 2016

Sort of. All wrapped up in my pension.

Probably a millionaire dead me.

Huyton Layne · July 18, 2016

Both me and the wife are insured. Her for a lot more than me as she's the bread winner.
got young kids so we thought it was needed.

wm02 · July 18, 2016

Got it and need it. Breadwinner for a family of 5, soon to be 6. It's more reasonable than you might think

Deleted member 28206 · July 18, 2016

Not worth a penny dead to anyone.

john jako · July 18, 2016

£50 for me and the wife in joint cover. Both smoke so cost a few quid more but if either one dies the other is well and truly covered. Both earn about the same but need it for are mortgage needs really.

carlos21 · July 18, 2016

arch stanton said:
only got it to protect the mortgage when we moved house, before then (when we didn't have kid) there was no need. The house value way exceeded the mortgage, I had no dependants-no point. Different now like, worth a few quid dead is me, FFS

Hi mate how are you today mate how is the dog.

Pootsy · July 18, 2016

Yes I have it to pay off the mortgage and keep the kids living in their home should something happen to myself or my wife.

I've had a torrid time with Insurance this year. Storms damaged my roof which in turn damaged my car. House Insurance does not cover your car when your house damages it.

The Cowboy · July 18, 2016

Pootsy said:
Yes I have it to pay off the mortgage and keep the kids living in their home should something happen to myself or my wife.

I've had a torrid time with Insurance this year. Storms damaged my roof which in turn damaged my car. House Insurance does not cover your car when your house damages it.

Pretty much the only reason I have it too.

Eggs · July 18, 2016

.....no life insurance, decent pension and plenty to cover any costs for my missus when I undoubtably pop off before her.

SerenityNigh · July 18, 2016

wm02 said:
Got it and need it. Breadwinner for a family of 5, soon to be 6. It's more reasonable than you might think

This. Term rates are pretty good for most, although whole life/annuities can be good for some.

Goat · July 18, 2016

Yes, they "suggested it" when we got our mortgage and we kept it up since then, think its like a £5 a month for the missus and something like £15 cos im a smoker and 10 years older than her, worth abar 75k when I snuff it.