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 bankruptcy postbag for august
 Life Assurance Question on SOA
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Trolly-Dolly
Average Member



591 Posts

Posted - 10 August 2008 :  21:53:13  Show Profile  Reply with Quote
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/

John
New Member



United Kingdom
73 Posts

Posted - 10 August 2008 :  21:57:58  Show Profile  Reply with Quote
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.


www.Bankruptcyhelp.org.uk
0800 078 9367
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Trolly-Dolly
Average Member



591 Posts

Posted - 10 August 2008 :  23:58:11  Show Profile  Reply with Quote
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/
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rollercoaster
Junior Member

United Kingdom
327 Posts

Posted - 11 August 2008 :  09:22:39  Show Profile  Reply with Quote
Oops, my insurance is similar and entered the 100K that is payable on death. hope i dont get into any trouble
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Trolly-Dolly
Average Member



591 Posts

Posted - 11 August 2008 :  10:18:34  Show Profile  Reply with Quote
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/
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