How can I reduce my life insurance payments for the short-term?

Author	Message
Written on: 05.11.2009 [14:29]
Noah Noah Topic creator Posts: 5	I'm going to be in between jobs for a few months and although my partner can cover the essentials I need to reduce our joint outgoings as much as possible. Can anyone advise on how to reduce life insurance payments for a short period: six months would be good?!
Written on: 26.11.2009 [10:29]
Luke Luke Posts: 5	As with any loan or insurance premium payment, it's a good idea to communicate in advance, rather than act and hope for the best. If you contact your life insurance provider and explain the situation to them, they may well be able to help you: perhaps you can have a payment holiday and then make double payments for the six months following? Or you can negotiate reduced payments and pay the difference at a later date. Their decision may be based on how reliable you have been making payments in the past and how long you have been a customer. Whatever you decide to do, don't just stop making payments!
Also very interesting: What types of health insurance for foreigners are available in England? How does health insurance in germany work? Does anyone have supermarket home insurance? Marks and Spencer or Tesco? What is usual for a pet insurance excess? Is a life insurance gift a good idea? Who needs supplemental life insurance? Body insurance for models? How does Confused van insurance online quoting work? Do NFU pet insurance offer cover for multiple pets? What’s wrong with the travel insurance Sainsbury’s offers?
Written on: 26.11.2009 [11:07]
Sylvain Sylvain Posts: 5	Who are you with? I agree though, don’t just stop paying, just give them a call, they can maybe give you a holiday period and include it in your policy so that it alters the amount of time you have paid in ever so slightly.