I’ve been sent a letter by the Phoenix insurance company telling me I have to nearly double the monthly premium on my life insurance policy if I want to keep the benefits at the previous level. Alternatively, I can keep the premiums at the current level – £87 a month – and accept a lower [...]

A variable universal life insurance policy is the combination a variable and universal life insurance policy and gives its policyholders flexible premiums and the possibility to increase their death benefit. The death benefit your beneficiaries receive is dependent on whether or not you made a good investment. The right investment could lead to your life [...]