www.iva.co.uk

Morning all. I'm just looking for some advice.
I have a life insurance policy which was set up some months before my IVA proposal.
Although I want to repay as much of my debt as I can , I still want to ensure that my wife and daughter are solvent should I die.
Is there a (legal) way of assigning the policy in order that it falls outside of my estate ?
I've not been on for a while, but just want to say well done to all who have benn accepted for an IVA , and good luck to those who have one in the pipeline.[:)]

You will need to check this out with your insurance company, but it is usual to have named beneficiaries on a life insurance policy so the amendment should be fairly simple to effect.

Thanks Melanie , I trust you feel refreshed from your break ?

Very much so thank you - although having had a day back in my office it feels as if I have never been away!!