I am due to receive insurance pay out

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ian513
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by ian513 » Mon Sep 11, 2017 8:23 am
I am due to receive insurance pay out from a crash I was in. Do I need to tell my IP?
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Foggy
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by Foggy » Mon Sep 11, 2017 8:49 am
Yes, you do need to tell your IP. In many cases (though not all) they will allow you to keep that part of the compensation awarded for pain and suffering, the rest is regarded as a windfall and will need to be paid to your creditors via the IVA.
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