Life insurance

[lookingforthebest]

Hi everyone,

I am expecting my first child (actually due in a couple of days!) and my partner and i could really do with some help regarding life insurance policies.

I've looked online and compared some quotes, and i recently found this one called Best price Fs. Tempted to go with them because they don't charge commission and they are cheaper than the other sites i have looked at (the more to spend on baby clothes the better!) Best price Fs charge £20 to purchase a policy, where as cavendish are £35 and money world are £25 from what i can make out. Using a big name insurance company is important (so hopefully) they would pay out if the worst happened! Your input would be most helpful.

Thanks

[chestynuts]

Based from my experience, my advice to you is take your time in selecting a life insurance company. Study their background and history. Understand very well your policy and review your policy from time to time.

[LionelHardesty]

Car insurance company

This article has been very helpful.The tips were great in regards to the deductibles.Having listed out the insurance companies and what they are best for. I will use these looking into car insurance.Thanks for your valuable tips.

[tiffmar]

Dividend Paying Whole Life

Life Insurance is a great savings vehicle that most people don't understand. The key is to get a dividend paying whole life insurance contract with a mutual insurance company. You build cash value with your premiums in this policy that you can use during your life!

[corn18]

This might be the worst advice ever. Do not buy whole life insurance.

[TexasHusker]

This might be the worst advice ever. Do not buy whole life insurance.

Actually that's the second worst advice. The first worst advice is "invest in a timeshare."

[sv2007]

I've looked online and compared some quotes, and i recently found this one called Best price Fs. Tempted to go with them because they don't charge commission and they are cheaper than the other sites i have looked at

The thing is everybody has to make money. Ask them how they are getting paid.

Are they brokers? If so, then ask which company is underwriting the insurance. Also, of course, check the financial strength of the company.

[Captain Save]

This might be the worst advice ever. Do not buy whole life insurance.

WHY NOT? explain

[disneysteve]

WHY NOT? explain

There are numerous other threads explaining why nobody should ever buy whole life. You've already responded to one of them. Please stop or you will be banned from this site.

Thread closed.