Hi, a question about SoA if anyone can help please. On the Assets page it asks about life insurance endowments etc. The only life insurance I have is linked to my mortgage, you know the sort you have to take out so that if you die, the mortgage company get there money. It decreases as the mortgage decreases. Is this an asset or not, as it would only pay out if I die! thanks
I would put it on your SoA but if it has no surrender value the OR won't be interested in it
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Hi, a question about SoA if anyone can help please
Posted - 05 July 2010 : 08:40:50
