Martin Lewis' Guide to Life Insurance - Different Types | This Morning

[@IbnShahid]

I'm in quite a good mood today because I've just found out my ex wife has been struck off my life insurance. Spice World!

[@springsoflivingwater]

Can we borrow against our life insurance policies here in the UK?

[@sivmjali6038]

Can somebody answer this guy please? 👀

[@evamandri]

Apparently you cannot, uk market is much more regulated than US.

[@Christimony222]

🔥🔥🔥

[@BIG.FOX.]

That was as helpful as a constipated backside stuck to a toilet

[@johncrosley1]

They bank on you paying in more than you get out. Endowment policies used to be popular but are now not offered any more. Pure life insurance is cheaper to manage and more profitable as inflation eats away at your payout. I wouldn’t touch it with a barge pole.

[@JohnSmith-cq7lk]

Tell me more info on that please or direct me to more info, thanks. Looking at insurance now.

[@evamandri]

That's a good point about the inflation

[@BraziLoko]

Im with Vitality!!

[@vicentejardim4245]

This insurance companies take your money and invest and make money

[@techyard7987]

What do you think the bank does?

[@MR-rp3xr]

Whats the point in life insurance if your dead

[@Truthfullyspoken66]

You need intelligence insurance.

[@calancea3]

To provide financial security for your loved ones if you die

[@vicentejardim4245]

Good point

[@vicentejardim4245]

Good point!

[@susiesays5695]

Well, if you're selfish, you won't get it. If you have a family, mortgage, etc. then it looks after them