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General Dilemmas Discuss anything that concerns you or anything else that you maybe worried about when moving to Australia. Where to go, what to do??!


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Old 22-02-2008, 02:07 PM   #1 (permalink)
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Question advice on isurance policies in the uk please

hi guys yet another question.
we have savings plans for both our kids in the uk. and will mature when they are both 18 years old.we have paid both, on a monthly basis and one of them has only 7 years left running. my question is this ; can we still keep the policies running once we live in oz. it is paid by standing direct debit out of my bank account every month. any ifo or advice would be appreciated.
thanks nic x

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Old 22-02-2008, 02:14 PM   #2 (permalink)
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shouldnt see any reason why not
as long as you make sure you dont forget to maintain your uk account so they can continue to take the monthly payments,
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Old 22-02-2008, 04:54 PM   #3 (permalink)
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Quote:
Originally Posted by jonny.co@tiscali.co.uk View Post
hi guys yet another question.
we have savings plans for both our kids in the uk. and will mature when they are both 18 years old.we have paid both, on a monthly basis and one of them has only 7 years left running. my question is this ; can we still keep the policies running once we live in oz. it is paid by standing direct debit out of my bank account every month. any ifo or advice would be appreciated.
thanks nic x
Hi,we asked our life insurance company the same question last week and they said that if we carried on paying then the policy will still continue to run as normal,but they would'nt let us start a new policy,hope this helps


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