From: "Buster" 
Newsgroups: uk.finance
Subject: Re: Selling/Cancelling endowment early
Date: Wed, 28 Apr 2004 20:39:21 +0100


"Blackthorn"  wrote in message
news:c6ov4n$eg8a6$1@ID-202064.news.uni-berlin.de...
>
> "Buster"  wrote in message
> news:c6osog$r3u$1@newsg4.svr.pol.co.uk...
> >
> > If someone has a with-profits, life assurance, endowment policy and they
> > sell it on. Does the new owner of the policy now have an interest in the
> > life assured of the previous owner?
> >
> > Buster
>
> Yep, makes me slightly worried that someone I don't know gets a payout if
I
> peg it after selling mine a while back.
>
Thanks, That is what I thought. It worries me too. I'll bet some new owners
make surreptitious enquiries, from time to time,  about the "state of
health" of the lives insured".

Buster