old mortgage endowment policy

barrie | 11:54 Thu 06th Dec 2007 | Insurance

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i have an endowment policy that is due to mature in 2010, but I have just got divorced and the policy is in both our names. We would like to keep paying the policy till it matures, then split the pay-out, - we are both in agreement with this - as if we cash it in now we will get very little, is this legal. Any advice would be appreciated.
The Policy has not been linked to a mortgage for some years.

Thanks in advance
Barrie

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yes,its quite legal,if it is still linked to the mortgage,then that will have to be paid,then you can split the remainder how you like.

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