Advisers share positive life insurance stories following controversial article in The Times

The article from  The Times  (which you can read here, although there is a paywall) caused a flurry of financial advisers to jump to the defence of live cover. The article detailed a retired financial adviser, who was paying £1,500 a month for 30 policies after only paying £158 a month when he first took it out. Under the original policy, the price increased for the adviser because of high charges and poor investment returns, according to the article, and the £150,000 he was meant to be guaranteed soon dropped to £50,000. While this is an unfortunate case and disappointing for the pay...