Scottish Amicable Life Assurance

swanseajack47

Scottish Amicable Life Assurance Policy 1985
#7 17th Oct 18, 11:42 AM
We were sold a Scottish Amicable Life Assurance Policy back in Nov 1985 . The amount assured was £9500 and the purpose was to part repay the capital of a 20 year £20000 mortgage. I remember the premiums were £20.66 per month for the 20 year period, so nearly £5000 in premiums. In the event, the policy paid out around £10.100 and thus yielded a small 'profit'. I'm not complaining about that because, at the time, endowment policies were beginning to underperform and, with hindsight, we were lucky that ours did not mature a few years later.

However, I've always wondered if any part of the £20.66 monthly premiums was for PPI? Prudential have since taken over Scottish Amicable's business but, in a phonecall tday, Prudential steadfastly refused to have anything to do with any PPI enquiry.

So how can I follow this up, and would it be a waste of time anyway? Any advice out there? Thanks. Daibach.

TadleyBaggie

Answered on the other thread, there is no PPI.