W
wishiwasrich
Guest
Hi,
I have had a critical illness policy for over 16 years, paying about 40 euros a month for €140,000 worth of cover. Canada Life have just written to me that following a "policy review", as specified in my t&c's, I either have to bump up my premiums to €100 to maintain my cover, or accept reduced cover of €66,000. Sounds like a complete con to me.
I am pretty well covered on life insurance, I have disability cover with the job, and I can't see any point in continuing with this policy. Anyone got any thoughts or similar experiences?
I have had a critical illness policy for over 16 years, paying about 40 euros a month for €140,000 worth of cover. Canada Life have just written to me that following a "policy review", as specified in my t&c's, I either have to bump up my premiums to €100 to maintain my cover, or accept reduced cover of €66,000. Sounds like a complete con to me.
I am pretty well covered on life insurance, I have disability cover with the job, and I can't see any point in continuing with this policy. Anyone got any thoughts or similar experiences?