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How to change the Beneficial Owner of a Poliicy
deepee_2
Posts: 111 Forumite
I have a Policy Life Assuring my son but Benefiting me as he was minor at the time of Policy. Now that he is over 18, how do I request the change of the policy to make him the Beneficial owner and Member.
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Comments
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Assignment or trusts can alter the direction of the benefit.
It is the sort of thing you would get from the insurer as chances are they have their own forms and you would not need to rely on a solicitor.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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