From: "financefan" 
Newsgroups: uk.finance
Subject: Re: Get your insurance premiums back if you don't claim!
Date: Wed, 21 Apr 2004 16:51:38 +0000 (UTC)


"JF"  wrote in message
news:TdaxBLBPvmhAFwxj@marage.demon.co.uk...
> In message , financefan
>  writes
>
> >I am starting as an insurance agent for a new company where I will be
> >selling Life, Critical. Illness and Income Protection cover with a
> >difference. The difference is that if you do not make a claim within the
> >term of the plan you get ALL your premiums back!
>
> Doesn't sound like term life assurance as I know it. Where's the wager
> element if one party refunds the stake?
>
>                         Puzzled of Godalming.

Hi

It is term assurance and there is a wager element I suppose to some extent
because as I say the company will make a profit over the term anyway by
investing the premiums. Feel free to reply personally for a quote.

Thanks