Tradesmen Life insurance

[Elsa TLC]

I haven't got life insurance as I've been of the thought that no one would touch me.

Im looking for a reputable well known company to take out life insurance.
A Trademan insurance may be the way to go so as there are no excuses that my trade has an unhealthy effect on my body, as we know most do have negatives to our health.

A few things I need considering is:
●My trade (plumber)
●My Age 58

●Im in remission with Cancer
○ since teatment, there is now a cure.
●Ive had other health issues
○But I'm generally healthy

Im willing to take a medical, but need to make even more adjustments to a healthier life style before I do that, so plan on going for this in September.

 

[jj4091]

Most of the life insurance companies advertising on TV say they don't require a medical and your previous history does not matter. It is just a matter of how much you want to insure yourself for and your age.

 

[Elsa TLC]

Most of the life insurance companies advertising on TV say they don't require a medical and your previous history does not matter. It is just a matter of how much you want to insure yourself for and your age.

I would imagine most people of my age would have insurance! Wouldn't they.

I think I'd prefer a medical and let them have access to my health history, as then they have little wiggle room to get out of paying out in an event of death or accident.

 

[Mottie]

How much cover do you want and how much can you afford to pay each month? We took out a joint 'first to death' (fixed term) policy about 30 odd years ago. It is fixed at £43 per month and gives £150k of cover. It expires when we both reach retirement age. I’m already there but Mrs Mottie still has a few years to go.

At your age even disregarding your general health history, unless you are paying an astronomical monthly account, I think you'd only be able to get something to cover funeral expenses and a píss up afterwards.

A quick quote for someone your age with just one provider gives these figures:

 

[Murdochcat]

Are you thinking life insurance or critical illness insurance?

And sorry to say this but at your age what does it need to cover?

 

[Elsa TLC]

Are you thinking life insurance or critical illness insurance?
life insurance or critical illness insurance?


And sorry to say this but at your age what does it need to cover?

I've had health issues, so thought thay wouldn't touch me.Onnthe face of it with a few more adjustments I'm in good condition.

life insurance or critical illness insurance? What the difference?

 

[Elsa TLC]

How much cover do you want and how much can you afford to pay each month? We took out a joint 'first to death' policy about 30 odd years ago. It is fixed at £43 per month and gives £150k of cover. It expires when we both reach retirement age. I’m already there but Mrs Mottie still has a few years to go.

At your age even disregarding your general health history, unless you are paying an astronomical monthly account, I think you'd only be able to get something to cover funeral expenses and a píss up afterwards.

A quick quote for someone your age with just one provider gives these figures:

View attachment 372516

View attachment 372517

Is it common someone of my age not having insurance?

 

[Mottie]

I've had health issues, so thought thay wouldn't touch me.Onnthe face of it with a few more adjustments I'm in good condition.

life insurance or critical illness insurance? What the difference?

https://www.comparethemarket.com/life-insurance/content/different-types-of-life-insurance/?AFFCLIE=FG29&SRC=FG29&cmpid=PC-_-GOG-_-LI-_-GEN-_-chFC948Ju3Xrmr7&gclsrc=aw.ds&gad_source=1&gbraid=0AAAAAD9KMP9iEDBJDIAZ5ivrNN5AHgcIS&gclid=CjwKCAiA5Ka9BhB5EiwA1ZVtvINinjkvnvPlATZZzsEOTcwNS9rj0O_jkptW4sjouLX8TsKR_jngrBoCGKEQAvD_BwE

 

[Elsa TLC]

https://www.comparethemarket.com/life-insurance/content/different-types-of-life-insurance/?AFFCLIE=FG29&SRC=FG29&cmpid=PC-_-GOG-_-LI-_-GEN-_-chFC948Ju3Xrmr7&gclsrc=aw.ds&gad_source=1&gbraid=0AAAAAD9KMP9iEDBJDIAZ5ivrNN5AHgcIS&gclid=CjwKCAiA5Ka9BhB5EiwA1ZVtvINinjkvnvPlATZZzsEOTcwNS9rj0O_jkptW4sjouLX8TsKR_jngrBoCGKEQAvD_BwE

Are you bored with me

 

[Mottie]

Is it common someone of my age not having insurance?

I would imagine there’s more people your age that don’t have life insurance than there are that do have it.

 

[Mottie]

Are you bored with me

No. I sent you a link to help you. Read it if you want to know the answer to your question or do you want spoon feeding?

 

[Murdochcat]

Is it common someone of my age not having insurance?

Lots of people don’t have car insurance, or contents insurance so i suspect the numbers without health or critical illness insurance will be much higher.

 

[Mottie]

The question is, what do you want it for? We had no mortgage to cover but it was mainly taken out in the event of one of us dying as the other one may have had to give up work to care for children until they were old enough to look after themselves.

 

[Elsa TLC]

No. I sent you a link to help you. Read it if you want to know the answer to your question or do you want spoon feeding?

I thought that was to get me out your hair

 

[Elsa TLC]

The question is, what do you want it for? We had no mortgage to cover but it was mainly taken out in the event of one of us dying as the other one may have had to give up work to care for children until they were old enough to look after themselves.

Mortgage is paid. More of the thinking it's the sensible thing to do.