Yes! A deed of total transfer would have to be made or you will be given a Power of Attorney over the policy, but the policy would still carry the same terms and will still be on the life of your friend. The only thing that will change is that from the date of the transfer, you will be liable for t
My dad has had his own business for about 25 years now and has worked really hard at it, however because of the recession he has found it really hard because the industry he is in are just getting no work at all.
He has just made us aware that he is in big trouble financially and if his business go
First - how long have you had the policy? Endowments increase in value quicker as time goes by, if you've only had it a few years it will be worth very little. If it's close to maturity then it's worth hanging on to if at all possible.
Second - Don't take the first valuation, get at least 3 va