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“My husband and I took out a life assurance policy 24...”

written by CarlieDalton on 17/10/2018

My husband and I took out a life assurance policy 24 years ago. During this time we have paid between 20-75 pounds each month for a payout upon death of 45K. Today we received our policy review and to maintain this amount of cover they advised increasing the monthly payment to 185 pounds a month! We are cashing it in for less than we've paid in (2.5K) and putting it in an ISA. Avoid like the plague.

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