In iva and i want to take out insurance

Get expert opinion. This is the place for new questions to be posted.
4 posts Page 1 of 1
User avatar
lorraine950
Posts: 1
by lorraine950 » Wed Sep 20, 2017 9:20 am
hi
i have an iva started last year. i want to take out insurance that would go straight to them if i die.
is that possible and how do i arrange this?
thank you
User avatar
Michael Peoples
Industry Expert
Posts: 15188
Contact
by Michael Peoples » Wed Sep 20, 2017 9:23 am
You can spend your own money as you see fit. However speak with a financial adviser about the life cover to ensure it does not form part of your estate.
User avatar
Foggy
Forum Expert
Posts: 24148
Contact
by Foggy » Wed Sep 20, 2017 9:24 am
Might I ask why ? I doubt they have the facility to accept an insurance payout although some firms have their own PPI type schemes apparently.
User avatar
Lisa Thomas
Industry Expert
Posts: 6027
Contact
by Lisa Thomas » Wed Sep 20, 2017 9:44 am
Insurance that goes straight to who?
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: No registered users and 12 guests