Wednesday, July 08, 2009

Cheap Isn't Always Best

Everyone seems to be telling us how to save money these days. I am finding it pretty tiresome getting telephone calls to try to get me to change to a different insurance company for example. I know that I already have the best term life insurance because I took it out 8 years ago and now I am 8 years older it is more expensive so I am going to stick where I am. It may be cheaper to swap if you have not had your life insurance out for so long but it is worth checking the terms of the policy carefully because cheap isn't always best. You need to make sure that you are getting the cover that you are expecting. I learnt that the hard way when I thought I was saving £50 on insurance and when I made a claim I ended up paying out about £300 - not the best saving I ever made but it taught me a lesson I will never forget.

No comments: