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 Life Assurance Question on SOA

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T O P I C    R E V I E W
Trolly-Dolly Posted - 10 August 2008 : 21:53:13
Evening

When it asks how much this is worth, what do I answer?
Its 2 years old, costs twenty quid a month, and if one of us carks it, it pays out £132,000.

Any ideas?

You can read my blog here;

http://drowningmummy.blogs.iva.co.uk/
4   L A T E S T    R E P L I E S    (Newest First)
Trolly-Dolly Posted - 11 August 2008 : 10:18:34
The OR will discuss this with you so dont worry. They'll either think you are sitting on a 100k saving, or more than likely think you have made a mistake, like I was about to do. I'm sure its very common.

You can read my blog here;

http://drowningmummy.blogs.iva.co.uk/
rollercoaster Posted - 11 August 2008 : 09:22:39
Oops, my insurance is similar and entered the 100K that is payable on death. hope i dont get into any trouble
Trolly-Dolly Posted - 10 August 2008 : 23:58:11
Oh its the 'Sarf Lundun' coming out in me. Thanks for that as I had entered £132,000 on my online form.

You can read my blog here;

http://drowningmummy.blogs.iva.co.uk/
John Posted - 10 August 2008 : 21:57:58
Hi DM
carks it!!??? That's a new one on me....made me chuckle.
Just enter "payable only on death" unless you're completing the forms online then enter zero and explain to the OR at interview.


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