Hi Guys,

I am a broker myself, I was an AR of the Mortgage Times, who I am sure you know have gone into administration.

I am now up and running with a new network and have been since the start of the year.

My question is with regards re-broking life cover. I have a number of clients who are still in their clawback periods on the life policies I set up for them. I have spoken to a few of them and they are more than happy to "re-do" their life cover, especially as I have access to more providers now and can save a bit of money on what they are paying now for the same cover. However I am concerned as to what will happen to the clawback on these policies if i re-broke them. A few guys I know are under the impression that the clawback liability died with the Mortgage times but I am not sure that is the case and dont want to re-broke a lot of policies to then be left with a large bill from the mortgage times administrators.

What are peoples views on this and does anyone have any experience or advice?

Thanks in advance

Paul