Critical Illness payout whilst in an IVA

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bec374

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Post by bec374 » Wed Jan 02, 2019 8:26 am
anyone know if your in your final year of an iva and you have level term assurance critical illness cover will the iva people take all the cover or will i recieve it

MerlinL14

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Post by MerlinL14 » Wed Jan 02, 2019 9:38 am
You would need to look at your proposal, there may be information in there that outlines such payments. Failing that you need to contact your IVA company and pose the question directly to them.
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luluj

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Post by luluj » Thu Jan 03, 2019 6:10 am
The end decision will be the wording of your policy and iva although I would hope some lenancy by your IP due to circumstances of the payout would be taken into account.
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kallis3

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Post by kallis3 » Thu Jan 03, 2019 9:43 am
Let us know what happens.
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