Should You Get Life Insurance UK | Life Insurance & Life Assurance

[@rinalotty2083]

Very good video i was so interested then ur video stopped. Would be great to have a pro n cons per cover and scenario or case study example of payouts. But well done very engrossing

[@FinancialMadness]

Thank you for the feedback. Sure happy to look into making a video on pros and cons. Appreciate the suggestion. Watch this space :)

[@bhavani1548]

Thanks for the video. Concise and clear.

[@FinancialMadness]

Thank you! I am glad you found it helpful 😊

[@angelhomo]

I work for the NHS and got a critical illness insurance cover with A private insurance Company. I was told that if I work for the NHS I don’t need to have this cover. Should I stop paying for the this insurance?

[@adamwilliams5372]

You should definitely check what your benefits in kind are at work. If you already have some form of this cover there is the possibility of dual insurance which means you could get a refund of your premiums. Well worth looking into

[@marianoricac1091]

Hi! Do you know any UK whole life insurance that has cash value?

[@AshleyPancholi-o6c]

Hi is it worth securing a whole life cover now while im 24m to lock in really cheap premium rates?

[@chionyx4532]

Can you switch eg decreasing to increasing once you sign up?

[@nuwan007lk]

Detailed explanation. Thank you!

[@FinancialMadness]

Thank you. I'm glad you found it helpful

[@junaidh99]

Good video, well explained. Well done 👍🏼

[@FinancialMadness]

Thank you! 👍

[@Nyny.1000]

Very helpful and clear. Thank you!

[@FinancialMadness]

Glad it was helpful!

[@Chopper9956]

I've just heard that you can take a life insurance policy out then borrow against it. Is this true?

[@FinancialMadness]

Yes it is possible to do this. I note it down as a video discussion point as it is quite complex. But generally speaking borrowing against a life insurance policy involves accessing the cash value of the policy through a loan provided by the insurance company. You'll have to make regular payments to repay the loan,. Please note the borrowed amount is subtracted from the policy's cash value, therefore it is likely to affect the Policy value and death benefits

[@dailyactivitiesWWW]

Can you make a video on how to borrow money against your life insurance and the best insurance out there for this thank you

[@DTL0VER]

Thank you for helping. It’s a proper minefield and not easy as all ❤

[@kwamestewart1848]

Can you get a policy loan in the uk