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Axa Sunlife- Cashbuilder Plus

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  • mr_sharma
    mr_sharma Posts: 132 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Congratulations to Coatze on getting his money back however I don't think luck had anything to do with it as it was his money and the company mislead him. But great news you got your money back.

    With regards to Ericson, best thing to do is to phone up and find out what kind of policy you have -- they'll happily tell you.

    Will keep you posted on my progress with getting mine and my family's money back.
  • Ericson_2
    Ericson_2 Posts: 46 Forumite
    Its a Money Back plan, whats the difference, same features - earlier version of cashbuilder maybe.

    Monthly Premium £14 - as from October 98

    Guaranteed cash sum after 15 years £944

    Death Benefit £7698

    Bonus to date £178
    I used to be confused, now I just don't understand ;) :rotfl:
  • I have been filled with request on the PM in order for the word document i used hence my succesful attempt in reclaiming my money,

    please bear with me i will send this doc in due course.

    Cheers

    Lee
  • I have only just come across this forum and read these posts with interest. I too took out a Sunlife Axa Cashbuilder in between the dates mentioned and would like further information from anyone who has been succesful in recovering their monies back. Any assistance would be gratefully received.

    Cheers
  • dunstonh
    dunstonh Posts: 119,679 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Muzzy67 wrote: »
    I have only just come across this forum and read these posts with interest. I too took out a Sunlife Axa Cashbuilder in between the dates mentioned and would like further information from anyone who has been succesful in recovering their monies back. Any assistance would be gratefully received.

    Cheers

    If you read this thread, the information is there for you.
    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.
  • dunstonh wrote: »
    If you read this thread, the information is there for you.
    :beer:

    I was hoping for the wording used in the succesful letter to SunLife my fault for not being more explicit. ie does anyone know what is successful in dealing with this company.

    On a separate note just had my mortgage exit fee of £250 back from Northern Rock after 4 letters as long as I signed a disclaimer absolving them of any further action. Mortgage closed with them nearly 4 years ago.:D :j
  • Coatze wrote: »
    I have been filled with request on the PM in order for the word document i used hence my succesful attempt in reclaiming my money,

    please bear with me i will send this doc in due course.

    Cheers

    Lee

    Hi Lee,
    Do you still have a copy of this Doc. I know I am rather late posting in this thread but I was just reviewing possibly taking out a policy for my wife with Axa Sun Life and came across this post. I have been with them since 1996! I've never heard anything about the above until today!

    I need to look into this more.
    Thanks
  • HI Coatze, thanks for some great advice, i was offered £1178 as surrender value and having piad in over £2088 was not happy so sent letter of complaint and after one week they have responded saying they will pay back all my premiums less interest etcetc, So pays to complain. I would advise people not to take out these plans without some real research into them first! THanks

    Choco Fiend
  • jonathanen
    jonathanen Posts: 26 Forumite
    Hi everybody, I need your help!

    I have three AXA Sun Life Bonus Cashbuilder Plus plans as follows:

    AXA 1 - Date Started: 19/10/2001 Amount: £20 per month Paid to date: £2,440 Bonuses to date: £357.24
    AXA 2 - Date Started: 06/08/2002 Amount: £100 per month Paid to date: £10,400 Bonuses to date: £1,433.25
    AXA 3 - Date Started: 16/10/2002 Amount: £80 per month Paid to date: £7,840 Bonuses to date: £1,079.29

    Due to bad circumstances has happened to my regularly full time position at my work have changed to part time, which I have to force myself to cash-in all my three plans early. But I'm not sure what to do? Shall I call them ASAP via 0800 free phone number and tell them to cancel all my three plans? Also, I'm not sure how much will I get back from cashing in early by nearly six years period for both AXA 2 & AXA 3, where abouts my AXA 1 plan is nearly 7 years now.

    "What happens if I stop paying my premiums?" page from http://www.axa-sunlife.co.uk/bonus_cashbuilder_plus_plan/asld/keyfeatures.html link doesn't shows years from 6 to 9, so I'm not sure how much I might get back exactly.

    So far, I have received three cheques in the past as follows:

    AXA 1 - Amount received: £120
    AXA 2 - Amount received: £600
    AXA 3 - Amount received: £480

    Thanks,
    Jonathan.
  • jonathanen
    jonathanen Posts: 26 Forumite
    Coatze wrote: »
    PM me your email, I can send it in word if you wish.

    Hi Coatze, here is my email address: jonathanen@yahoo.co.uk please send me your rough draft of your complain letter to AXA Sun Life, just in case that I want to make a complain about my three plans.

    Thanks,
    Jonathan.
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