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Endowment Help
frad
Posts: 4 Newbie
I have a double five endowment assurance policy with the CIS (Co-op) I have paid £110 amonth for 10 years,it is now matured, I had very little correspondence from them during the 10 years, last year I asked them for a estimated maturity value, which they sent me a estimated quote value of £17.400.00 to 18,000.00 which was more or less what I was told I would get when I took the policy out.However they have sent me a form for me to sign for a sum of £9,130 I have contacted the CIS who have passed me from pillar to post and the phone numbers of advisers which are never answered. Can someone please give me advice on whom to see about this matter without the cost of a solicitor. thankyou
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Comments
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I can't understand why there's such a significant difference in one year - most of the increase or profit comes from bonuses which are added on at the end, and last year was good financially. You'll have to be more persevering to get some answers from them - if the 'phone doesn't work, do it in writing. Were there guaranteed sums quoted at all?0
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i answered on your other duplicate thread.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.0
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i HAVE A QUOTE FROM THEM FOR THE SUMS OF MONEY i HAVE MENTIONED BUT IT IS A ESTIMATED QUOTE.0
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