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Life insurance question on BR forms
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Cissie1
Posts: 73 Forumite
Hi Guys
I am filling in Step 3 on the Assests section of the BR forms. It ask for any life insurance policies. I have put the details down of the policy but have a question, it asks for the approx value of the policy. Sorry if this is a stupid question but do I put the amount of the insurance as stated on the policy? this would be the amount I was looking to cover (mortgage etc) is this the figure they are asking for? I have only had the policy for 1 year 9 months.
Thanks
Cissie
xx
I am filling in Step 3 on the Assests section of the BR forms. It ask for any life insurance policies. I have put the details down of the policy but have a question, it asks for the approx value of the policy. Sorry if this is a stupid question but do I put the amount of the insurance as stated on the policy? this would be the amount I was looking to cover (mortgage etc) is this the figure they are asking for? I have only had the policy for 1 year 9 months.
Thanks
Cissie
xx
0
Comments
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It is the amount that would be paid out in the event of a death.:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
Hi Cissie, as Dojo says example below:-
Life insurance (paid out on death) £1350
Taken out 2009"If wishes were horses, then beggars would ride"
0 -
Thats great, Thanks guys once again you my saviours!
xx0
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