We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Healthcare Income Plan (Equity and Law and then some!)
BigAL1
Posts: 1 Newbie
I have an old policy which has been with Equity and Law, Friends Life and now Aviva since 1991. It is set to mature in April this year. I originally was advised to take it out alongside an endowment mortgage. My understanding was that I paid in and if I got sick, I could claim back and if not then I would get a lump sum at the end of its tenure. I have never claimed or defaulted and so was shocked to hear about how much it will pay back after 27 years. Over the years I have only been sent the amount it might pay out if I got sick and as the policy has changed hands over the years I have simply lost track. Have I just been so completely naive and am now paying the price...literally. Is there anything I can do at this point please.
0
Comments
-
Whenever you are unhappy with an insurer your remedy is to complain.
Then if you are unhappy with the response or they ignore you for 8 weeks you can escalate to the FOS for their adjudication at no cost to you0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards