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Critical illness
Djgaz
Posts: 5 Forumite
Hi advise plz my critical illness claim has just paid out £28700 however the policy states critical illness we will pay the greater of £28700 and the value of your fund. To me this means I should also receive the value of my fund but the company say not are they correct. This is a Scottish amicable home purchaser policy now owned by PRUDENTIAL
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It reads to me that a comparison is performed between the value of your fund and the value £28,700 with the higher value being paid over to you. In your case that was £28,700.0
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Duplicate thread: https://forums.moneysavingexpert.com/discussion/5846456/critical-illness0
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If that was the case then it should read the greater of £28700 or the value of your fund which ever is the greatest.0
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If it was intended to pay both amounts then the word greater would not be required.0
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Quite.If it was intended to pay both amounts then the word greater would not be required.
https://forums.moneysavingexpert.com/showpost.php?p=74318916&postcount=6I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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