Frequently Asked Questions

Ask us a question

You asked: Who gets the money if there is a valid death claim?

It depends upon the kind of policy you hold and how that policy has been set up.

If you hold a joint policy, the money will usually go to the remaining policyholder.

If you are a sole policyholder, the money will go to your estate. Remember, you can choose who the money goes to by placing your policy under trust.

If your policy is assigned to a mortgage, the lender may have a declared interest in the pay-out and may ask for a portion of the money to be used as a settlement for any outstanding mortgage.

To find out more, give us a call on 0800 092 5367.

Did this answer your question?

Answers others found useful

Back to top