Critical Illness payout whilst in an IVA

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bec374
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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
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MerlinL14
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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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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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by kallis3 » Thu Jan 03, 2019 9:43 am
Let us know what happens.
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