Is your life insurance killing your savings?

Many of us want to be certain our loved ones are cared for if the unthinkable happens. Perhaps when you decided you wanted to look after your family in the event of your death, an insurance agent may have recommended a 'Whole of Life' insurance policy to you. You might have been told it was investment-linked and that it would grow to give your loved ones a secure future. Often 'Whole of Life' policies guarantee pay out upon the policyholder's death. However, very few guarantee how much they will pay.

You might even have been promised that payments would stay the same every month, for the entire life of the policy.

Now, after a policy review, you've been told the fund is underperforming, so your payments need to go up significantly. You have to do it, because if you don't, the final value will be far lower than expected. It gets worse - if you stop payments into the policy, you'll lose everything you paid in. The very insurance that was meant to give you peace of mind could become your biggest worry.

If you are struggling with your rocketing policy payments, feel you've been trapped into one of these policies, or think you've been mis-sold your policy, our 'no win, no fee' service could help you reclaim your money.

For more infomation check our Frequently Asked Questions.