We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Life insurance question on BR forms
Options

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
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.7K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.7K Work, Benefits & Business
- 598.5K Mortgages, Homes & Bills
- 176.8K Life & Family
- 256.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards