📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Axa Sunlife

Options
1474850525371

Comments

  • I have just got my maturity notice from axa after 15 years of paying £8 a month and i will only get £900 back. This was sold to me as a savings plan by a salesman that visited our home, it seemed like a great plan at the time so i took out 2 policies for my wife and myself. I have only got 1 of the maturity notices back as yet.
    Is there any way i can appeal this daylight robbery and get more of our money back?
    Any info greatly appreciated
  • dunstonh
    dunstonh Posts: 119,753 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Is there any way i can appeal this daylight robbery and get more of our money back?

    On what grounds?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • tazwozere wrote: »
    I have just got my maturity notice from axa after 15 years of paying £8 a month and i will only get £900 back. This was sold to me as a savings plan by a salesman that visited our home, it seemed like a great plan at the time so i took out 2 policies for my wife and myself. I have only got 1 of the maturity notices back as yet.
    Is there any way i can appeal this daylight robbery and get more of our money back?
    Any info greatly appreciated

    I will send you a pm with the letter to send them
  • dunstonh
    dunstonh Posts: 119,753 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I will send you a pm with the letter to send them

    If the template letter is the one that is used for everyone else on this thread then it wont apply. Its different circumstances. Plus, how can you tell what letter to use when the poster hasnt given any indication of mis-sale?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • castle96
    castle96 Posts: 2,980 Forumite
    Part of the Furniture 1,000 Posts
    get your own back (if over 50). Take out their 'over 50 plan', £6 direct debit, get a £100 tv, £50 M&S vouchers as free gift, wait for gift, cancel DDM, wait a bit, do another, ...anon...
  • leadhead
    leadhead Posts: 2,604 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    castle96 wrote: »
    get your own back (if over 50). Take out their 'over 50 plan', £6 direct debit, get a £100 tv, £50 M&S vouchers as free gift, wait for gift, cancel DDM, wait a bit, do another, ...anon...

    Have u seen the recently added clause....

    "The right is reserved to not supply a gift to anybody who has already cancelled a guaranteed over 50's type policy provided by AXA Sun Life or has had such a policy cancelled."

    So maybe you've now been rumbled........maybe you should have taken a few out at the same time(for other people).......................lol
    Couponing....."every little hurts"

    Half of the people can be part right all of the time, Some of the people can be all right part of the time.
    But all the people can't be all right all the time. .........I think Abraham Lincoln said that.
    "I'll let you be in my dreams if I can be in yours, "I said that............................ Bob Dylan 1963
  • castle96
    castle96 Posts: 2,980 Forumite
    Part of the Furniture 1,000 Posts
    that clause is not in my recently received postal app. form (though may be in the on line one). It should be though...
  • I took out a Bonus Cashbuilder in January 1999 starting at £30 per month with maturity due Jan 2014. My policy was obviously taken out in a period the FSA ruling doesn't apply to so what are my best options now?

    butlinsmum
  • pr33tz
    pr33tz Posts: 27 Forumite
    edited 13 August 2009 at 3:09PM
    Hi, my parents took out a policy in 2002 for me me into which I paid £50 a month for the 1st year, £60 for the 2nd year etc until it reached £100 a month which I'm currently paying now. I've paid around £6.5k into is so far.

    Is there any way of cancelling it without losing any of the money I've paid in? If not, how much of it am I likely to lose?

    Thanks in advance.
    "A rich man is nothing but a poor man with money."
  • I just checked today and my policy is worth more than I have paid in so I'm not sure what to do now!?

    butlinsmum x
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.