Can I transfer my existing insurance policy to someone else?
No, you cannot transfer your existing insurance policy to someone else. Insurance policies are specific to the individual or entity that initially purchased the policy and cannot be transferred or assigned to another party. The terms and conditions of an insurance policy are based on the personal information, risk assessment, and underwriting criteria of the policyholder. Therefore, any changes to the policyholder would require a new policy to be issued or obtained by the new party. It is important to contact Legal & General Insurance directly to discuss any changes or requirements in relation to your insurance policy.
Answered May 3, 2024
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