murf1970
Registered User
- Messages
- 2
Hi,
I've had a complete protection policy (Life Assurance, work cover for ill-health) for over twenty years and originally with Friend's First.
I just received notice from Aviva that "following a review of my policy" they have decided that for the same coverage they will double the premium (EU437 per month to EU875 per month) or I can stay at the same premium and they'll half the benefits (currently EU540K life cover for me, EU400 for my wife).
It feels like I've no option other than take a doubled premium which seems outrageous or walk away from twenty years investing in this policy.
Does anyone have any advice? Do I have any recourse?
Thank you!
I've had a complete protection policy (Life Assurance, work cover for ill-health) for over twenty years and originally with Friend's First.
I just received notice from Aviva that "following a review of my policy" they have decided that for the same coverage they will double the premium (EU437 per month to EU875 per month) or I can stay at the same premium and they'll half the benefits (currently EU540K life cover for me, EU400 for my wife).
It feels like I've no option other than take a doubled premium which seems outrageous or walk away from twenty years investing in this policy.
Does anyone have any advice? Do I have any recourse?
Thank you!