Stopping pension Premiums

Lancalot

Hi

Can someone give me some advice please my husband suffered a heart attack in April of this year and is still off work and will be for quite a few months. He is unable to claim any money from the state because I work over 16 hours per week. I contacted his Insurance Companies (2) and enquired to whether he could claim on his pensions because he is over 50 years of age. They send a claims pack which showed what the payments could be but also wanted a form completed by my husbands doctor that he would be unfit to work again, as we expected the Doctor could not do that because we are hopefully he will return to work in the future. The one thing that worries us that on the letter from the Insurance companies it was mentioned that if anything happened to my husband in the future there is no provision for the pension to be past to his next of kin, as we have 2 small children and that the policies have been running for over 18 years this is very worrying. If we stopped the premiums which we can't afford at the moment would that make any difference.:huh:

Any suggestions

Thanks

dunstonh

I contacted his Insurance Companies (2) and enquired to whether he could claim on his pensions because he is over 50 years of age. They send a claims pack which showed what the payments could be but also wanted a form completed by my husbands doctor that he would be unfit to work again, as we expected the Doctor could not do that because we are hopefully he will return to work in the future.

See an IFA. The pension companies will only consider options they have available to them. Not options that are available with other pension providers. Enhanced annuities or income drawdown may be an option.

Some of the information you wrote does not sound correct for pension rules (i.e. death benefits).

Plus, you seem to have some misinformati