My mum had just come to live with me, helping sort through her paperwork l came across an over 50’s plan started in 1999 it’s still running and costing £30 a month it’s due to stop when she’s 95 (approximately 6 years) it’s value on completion will be £5,000 she’s paid over £8,000 up to date. My sister wants her to cancel the policy now as she would pay another £2100 Dilemma: cancel policy and cut her loses or carry on begrudgingly. To be honest mum isn’t in the best of health so may not pay for that much longer, sorry if that sounds harsh. I’ve heard of these policies but thought they’d been outlawed
Gransnet forums
Legal, pensions and money
Join the conversation
Registering is free, easy, and means you can join the discussion, watch threads and lots more.
Register now »Already registered? Log in with:
Gransnet »