Has anyone else taken advantage of these policies?
I have taken out 3. All the ones I selected repay all payments made if you die in the first 12 months and after that pay the agreed amount when you die. Up to about 10k depending on what you pay each month
they are guaranteed pay outs and many give you a £100 gift card or similar when you sign up
my guess is there’s no way my wife is going to lose out on this as the savings being used to make monthly payment will either be returned so no loss. Or as is my case they are all now over 1 year old so she will get the full payment from each of them.
Hi. So if you die after the 12 months, the lump is guaranteed no matter how much paid in at that point? Never done one before
Sorry, I know you’re not the financial advisor 
Thanks.
Been looking at them and it seems you can’t really lose, unless live to 90!
Just to decide whether to do 10 in a three companies or 30 in one.
Thanks for the tip, as this is something I’d never have looked at before
