life insurance

[saintpeter48]

i'm coming up to 60 and i've got no life insurance, long story as to why not, any ideas of any company that would take me on, i'm in good health, non smoker small drinker, not overweight, etc, something that'll cover funeral coasts etc, thanks for any help on this.

[Ethel]

This may be a good starting point - it wll give you an idea of costs.

I don't believe in life assurance / insurance as such. You can get very little return for your money - and at your age you will hopefully be paying in for 30 years or more!

If you only want to make sure your funeral costs are covered, there are other options.

You can pre-pay your funeral in instalments or a lump sum now. That means that the funeral will be paid for at today's prices and you have control over the type of funeral it is.

But I would recommend you open a deposit account that pays good interest, and save regularly. As a tax payer, an ISA may be the answer.

Funerals can cost as much as you like, but �2500 is a realistic amount.

[Ethel]

So sorry - my link didn't show for the life assurances:

http://www.bestdealinsurance.co.uk/basicinfo.a sp

[saintpeter48]

thankou ethel, i'll look into it.

[EverClean]

Best to speak to an IFA about this - life assurance at this age has all sorts of implications regarding the provision for retirement, long term care and IHT planning. First session should be free and they'll give you a good idea of what you should be looking at. From there onwards it's up to you whether you want to go ahead with any of their proposals, but at least you'll be armed with the facts.

[saintpeter48]

thankyou also everclean i will certainly look into it.

[mgudhwani]

you may try this please
http://www.tkqlhce.com/click-1748196-10426150