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 IIf i buy my life insurance
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gary45
Starting Member



7 Posts

Posted - 18 March 2010 :  08:59:53  Show Profile  Visit gary45's Homepage  Reply with Quote
If i buy my life insurance back off the official receiver does that mean no proceeds are payable to them once its returned even when i am discharged

Melanie.n
forum expert



United Kingdom
1282 Posts

Posted - 18 March 2010 :  09:43:32  Show Profile  Reply with Quote
The OR would be 'transferring any interest' back to you so you would not be required to pay them any proceeds if the insurance came into payment after your discharge

Hope this helps

Melanie Nicholas
29 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
email me at melanienicholas@jonesgiles.co.uk
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