I am interested in a policy where there is a fixed term (let's say 35 years), and would be insured for (let's say £250 000) throughout the 35 years. But when it expires and have never ever been used would get a percentage of the money I paid in. For example I paid about £40 000 throughout the 35 years but never used it so I would get back for example 75% which would be £30 000. I hope it make sense.
Does it exists in UK? If does what is the terminology for this and who offers it?
I know it exists in more civilized parts of the Globe not even too far: Hungary, Austria, Germany, Italy, Switzerland, France, Spain, Portugal, and even in India, China, Thailand or Russia.
Read more: Does the insurance detailed above exists in the UK?
