Personal Insolvency Cover Plans?

script

The friend who I’m helping petition for B/R got a call from her friend

Telling her about “Personal Insolvency Cover Plans”

She was very vague about the details – possibly because the company offering them were also a bit vague…

I had better not name the company – but has anybody else heard about these “plans”?

To be honest my friend is now very keen to go ahead with her B/R – but I thought I should try and check out what these “plans” are.

Feelingfoolish_3

All a load of old ******

Its just companies trying to scam folk, tell your friend to ignore it :-)

peachyprice

Never heard of them, but a quick google brings up a site that offers them that sounds like it's insurance to cover your assets if you become insolvent, it all seems pretty vague.

From the sounds if it if you're already on the road to BR it's too late to take out a policy.

script

Yea I thought it was all a bit vague with no real explanation.

Thanks for your comments.