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Advice re Matured Policies

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We were contacted by Phoenix Life through the DWP a few weeks ago. They said that they had two policies in my husband's name which matured in 2012 and needed our contact details. My husband is 59 and we couldn't recall these policies, altho it could be quite feasible that we had insurances we have forgotten about. They say that the value is about £100 each and want our bank details etc. Apart from the above info, all they have given us is two policy numbers. Of course we are happy as we had no idea about these but also how can I verify what they are telling us?
Many thanks for any advice you can offer

Comments

  • dunstonh
    dunstonh Posts: 119,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    also how can I verify what they are telling us?

    By comparing it with documentation you have. If you have none then there is no way to verify it.

    For the contact to be made via DWP, this would suggest pension. It may not be but that the DWP is a popular tracing method for pensions.
    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.
  • Archergirl
    Archergirl Posts: 1,846 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Difficult, I would be worried about giving my bank details, can they send you a cheque maybe?
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