Response to Encashment of an Endowment

If the policy is assigned to the insurer then I doubt you will ever be able to touch it, subject to any possible agreement being reached with the lender, of course. You would also need to ask the insurer and check out the terms and conditions to make sure. If it isn't assigned then you can cash it in. I personally would wait until you see how the land lies, or until you decide on your strategy for dealing with this before attempting to access it.

Mark.

Mark

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