Should I surrender my life insurance? Liverpool Victoria decent offer?
| Author | Message |
|---|---|
|
Written on: 16.11.2009 [00:38]
|
|
|
Flechter
Flechter
Topic creator
Posts: 3
|
Since 1991 I have been paying £4.80 a month for life insurance. Liverpool Victoria have now offered me nearly 2k if I surrender my policy now whereas the actual payout if I were to die is only £3500 plus some other kind of bonus thing so I was thinking it probably is a good deal to take the money now? Does anyone have any suggestions? |
|
Written on: 23.11.2009 [01:06]
|
|
|
Saryu
Saryu
Posts: 1
|
If you are thinking of getting rid of your life insurance and are thinking of the cash I would think of selling it to another company, not surrendering it. If you surrender it the life insurance company will not give you as much as an external company would. Just type viatical settlements in google and request a few quotes from whoever comes up. |
| Also very interesting: | |
