BR - OR interest in life policy

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Post by andymac » Thu Nov 29, 2007 4:40 pm
Thanks Queenie.

I have emailed the OR with that document attached for clarification.

The document doesn't actually make it clear if it buys back the interest during or after discharge, but I will post here their response.

Many thanks to all!


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Post by wen » Thu Nov 29, 2007 7:42 pm
So if you continue paying premiums and do not buy the OR's share then:

1. When does the trustee's interest return to the policy holder?
2. Will they allow the policy cost to be included in the I & E calculation?
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Post by Adam Davies » Thu Nov 29, 2007 7:54 pm
1] after discharge
2]That will be upto the OR.At the worst you can fund it from your share of the disposible income.

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