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BrianS
Guest
Have joint whole life cover. Since reaching 60, premiums have been increased by 30% per annum. This is also "compound interest" (70% over 2 years).
Insurance Co. maintains it is their right, under the original terms to "review" the policy, but refuse to divulge the criteria for increases. These increases are not on medical grounds (haven't been asked to submit to medical exam).
Am inclined to believe this "Ageism"
Anyone else any experience of this?
thanks
Insurance Co. maintains it is their right, under the original terms to "review" the policy, but refuse to divulge the criteria for increases. These increases are not on medical grounds (haven't been asked to submit to medical exam).
Am inclined to believe this "Ageism"
Anyone else any experience of this?
thanks