I agree with your comments. No mortgage, she is divorced and in rented accomodation. Her children are grown up ages 28 to 19 only the youngest still at home. She has no savings. Her daughter, still at home, is giving keep which enables her to just keep her head above water. She is a care assistant in an old peoples home which is an admirable occupation but poorly paid. Not allowed to work if sick but no sick pay.

I would think life cover to cover funeral would be adequate. The reason I was thinking of an endowment was because it is a term savings plan with monthly payments that could pay out and help on her retirement. She has a pension plan which has been frozen as following her divorce she is very tight on money. What worries me about her resurrecting this and paying in what she was paying to the life insurance, is the very poor annuity payouts, and high management charges. It still may be her best option though.

I was wondering if there are ISA type saving schemes with monthly payments that would suit her. She is likely to inheret from the sale of our house but we are only 20 years older than her, and my wife comes from a family where females live into their nineties.

I would like some advice as I feel the bank may suggest options that are in their interst not hers.

Hi. Perhaps your daughter doesn't need life cover - there are a lot of questions. Does she need £90,000 of life cover? Was the policy taken out to cover an outstanding mortgage? Is anybody financially dependent upon her? Is she in a pension scheme, preferably an occupational one? Does she own her own home? What savings does she have? Does she want to leave a legacy in the event of her death?

Endowment policies are in my opinion best concined to history - there is little positive agument to take one out - much better to keep life cover and investment completely seperate.

My daughter has been asked by her Bank (Nat West) to attend an advisor to discuss her existing life policy with a view to giving her a better deal.

Her existing policy is for £90,000 and costs her £22 per month and is with Zurich. It has been going for some time and pays out on death only.

I am worried that the bank just want some business and will offer what is best for them.

Her children are all grown up now, the youngest will be 20 in January. I was rather thinking that an endowment policy would suit her better with maybe a whole life policy to just cover her funeral.

She is divorced and works as a care assistant in an old people's home. She is in good health and is 49 years old in February. Have you any advice for her?

Alec Wells