Axa Sunlife

Jaime-V

If you read back through this thread there should be a link to a FSA ruling. If you took out a policy between the dates on the ruling you could possibly get all your premiums paid back.

I wasnt happy with my settlement figure, it was less than 1/2 paid in, I wrote to them stating I felt I was mislead by advertising at the time I took out the plan and they offered to repay all premiums - cashback + 1% interest.

The link was somewhere near the beginning of the thread if that helps.

jandrews_2

Jaime-V wrote: »

If you read back through this thread there should be a link to a FSA ruling. If you took out a policy between the dates on the ruling you could possibly get all your premiums paid back.

I wasnt happy with my settlement figure, it was less than 1/2 paid in, I wrote to them stating I felt I was mislead by advertising at the time I took out the plan and they offered to repay all premiums - cashback + 1% interest.

The link was somewhere near the beginning of the thread if that helps.

I have now read through all of the posts and ghave prepared a letter to send off, is it even worth me posting this...or would I be better off just getting my surrender value....after all we are talking about £2000 here....

Jaime-V

Why not? All they can say is yes or no. You will still get your surrender value offered if they say no, and possibly a bit more.

Give it a go and let us know what they say

kiwigirl

I requested about cashing in mine a few months ago, got a letter back and didn't do anything with it. A few weeks ago I sent a letter and included the FSA ruling and was offered the all monies, less tax and 1% interest.

I have today received my money back after about 3 weeks waiting. :j This wil be put in another savings plan this week.

SkipClick

kiwigirl wrote: »

I requested about cashing in mine a few months ago, got a letter back and didn't do anything with it. A few weeks ago I sent a letter and included the FSA ruling and was offered the all monies, less tax and 1% interest.

I have today received my money back after about 3 weeks waiting. :j This wil be put in another savings plan this week.

Don't for get to cancel your debit card with your bank otherwise they will steal your money. :mad:

jandrews_2

SkipClick wrote: »

Don't for get to cancel your debit card with your bank otherwise they will steal your money. :mad:

I already cancelled the direct debit after reading this forum and told them I had done that (they cancelled at their end too) so no more monies are coming out, so I will either end up with the current surrender amount or if Im really lucky what I have actually paid in

kiwigirl

Cancelled the payments straight away but they still tried to take money out but it was claimed back or bank gave money and it was refused one or another!

bigtone69

hi folks whats the latest advice for these terrible cashbuilder plans i started one in 2000 and litterally forgot about it untill very recently
i started paying £30 rising to £60 over a period of time

sum assured £6642.00
WHAT SHOULD I DO???

THANX IN ADVANCE

jandrews_2

kiwigirl wrote: »

Cancelled the payments straight away but they still tried to take money out but it was claimed back or bank gave money and it was refused one or another!

I cancelled my Direct debit when I spoke to the "HELPLINE" adn told them I would be doing so, and today they have had the cheek to send me another letting advising me to set up another DD...cheeky fookers...

Anyway, the Complaint letter was recd by Axa on the 3rd August so wI will keep you all posted on what I recieve.

dunstonh

I cancelled my Direct debit when I spoke to the "HELPLINE" adn told them I would be doing so, and today they have had the cheek to send me another letting advising me to set up another DD...cheeky fookers...

A correct course of action by AXA. That way you cannot complain later that you didnt know that the payments had stopped. AXA have this letter logged on your file.