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Life insurance
Breamfod
Posts: 28 Forumite
I’ve got a policy that expires next year with no cash back unless I die! I’ve had letterftom Phoenix today to say I’m no longer owner as official receiver taken it into my bankruptcy. Is the policy worth something to them ? It has no surrender value.
Do I cancel standing order? No point paying if it can’t be claimed against
Do I cancel standing order? No point paying if it can’t be claimed against
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I’ve got a policy that expires next year with no cash back unless I die!
not sure what the exclamation is for. it suggests you think that is not the norm.Is the policy worth something to them ? It has no surrender value.
it is if you die.Do I cancel standing order? No point paying if it can’t be claimed against
Ask the OR.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 -
Thanks for the troll reply silly me0
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Contact the Receiver as dunstonh suggests....you can negotiate with them to buy out the OR's interest if you so wish to do..meaning you can continue with the policy if you wishedNot quite a newbie as you think
;) (the member formally known as philnicandamy!)
FINALLY a qualified CAB debt caseworker 2015..:p
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