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coop life ins policy

Ive got 2 policys with them. 1 is due to pay out november. Is that money safe or do I need to cash in now.? The other is not payable out and connected to mortgage.
Things will get better day by day.

Comments

  • platterfish
    platterfish Posts: 437 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Ive got 2 policys with them. 1 is due to pay out november. Is that money safe or do I need to cash in now.? The other is not payable out and connected to mortgage.

    The policy maybe branded co-op but it was sold to Royal London. Don't worry.
  • magpiecottage
    magpiecottage Posts: 9,241 Forumite
    1,000 Posts Combo Breaker
    I presume you are concerned by the financial troubles Co-op group has.

    Policyholders' funds are ringfenced and the Financial Services Compensation Scheme protects you.
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