seantheman
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Premium ; £44.00 payable at monthly intervals from 31/05/89 throughout the lifetime of the life assured.
Does this mean that there shouldn't have been premium reviews and they should have stayed fixed at £44pcm?
Sean, this a very interesting thread and post and should be made a KEY POST.
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The only difference I see is that the old Policy if for whole of Life, where Term Insurance covers for the period of the Policy only. Basically I would see the whole of life Policy as something to leave your beneficiaries, after the adjustment matter is sorted.
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