Can insurance policies held under my name from 1 insurance company be transferred to another company, and continue to be held by myself?

The short answer is no.

Contracts are legally binding for both parties - the policy owner, the life assured and the insurance provider.

There are some instances whereby bigger insurance companies would buy over an existing company which will result in mergers. But that is relatively uncommon.

Click here to find out more about me!

The insurance policy contract is a legally binding document that binds between the insurance company and the policyowner (you).

As a result, the other insurance company does not owe you a duty of care such that it should be held legally responsible for the insurance policy that you hold from another insurance company.

Hence, the answer is no.

Here is everything about me and what I do best.