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rob, Sun 1 Apr 2001, 1:00)
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there's insurable interest for sureBut a life policy would be unsuitable, unless she had outstanding mortgage debt. The most appropriate policy would be a critical illness one, providing a lump sum to pay for residential care until death.
On the plus side, combined life and CIC policies are very often cheaper than standalone ones, but you would need to have the life part written in trust. I somehow doubt that your ex would approve a split trust.
In short: no suitable product. Soz.
Here's the bill.
(, Thu 30 May 2013, 11:16, Reply)
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