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Tracing Sold Endownment Policies

Hi.
I'm looking for some help and advice about tracing Sold Endowment Policies in the early 1990's.
My parents Sold their Endowment Policies some 28-30 years ago due to circumstances at the time rather than just cash them in.
The reason I urgently need to trace the SALE of the Policies is my Siblings don't believe my Father nor myself when we tell them thats what my parents did.
My Siblings are convinced there is money hidden in bank accounts which they want after my Father's passing.
My Father and I have been through enough over the past 6 years so the only option I have is to try and trace the Policies, when they were sold to give my siblings proof.  I'm dreading my Father passing because of the hell they will put me through.  There is no money but they won't listen! 
Most insurance policies were for Accidental Death ONLY and all terminated when my Father turned 80 with no payouts!  
Can you please help and advise?
Thanks




Comments

  • GeordieGeorge
    GeordieGeorge Posts: 499 Forumite
    500 Posts Name Dropper
    edited 4 May 2021 at 11:18AM
    What does it matter what your siblings believe? It’s not any of their business.

    In terms of the practicalities, getting a bank statement from the account that the proceeds were paid into would show what happened.
  • MWT
    MWT Posts: 10,305 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    If you have the original policy details you can try contacting the provider or their successor and see if they will at least confirm the transfer date of the original policy.
    Ultimately though you may never be able to prove that nothing exists, so it will be on them to prove that there is something, which from what you have said will be impossible...
  • dunstonh
    dunstonh Posts: 119,864 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 4 May 2021 at 4:19PM
    The reason I urgently need to trace the SALE of the Policies is my Siblings don't believe my Father nor myself when we tell them thats what my parents did.

    There is absolutely no chance of any paperwork existing with third parties after all this time.  If your parents did not retain anything then records will not exist that you can have access to.

    The endowment provider, if you still recalled who it was, would not be allowed to supply any information as policy assignment transfers ownership to the new owner.   Any rights of access to data cease at that point.

    You could show the siblings the last 12 months worth of bank statements to show there is no monthly payment going to an endowment policy.  Ultimately, unless the siblings have any evidence to support their views there is nothing they can do.

    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.
  • Old_Lifer
    Old_Lifer Posts: 780 Forumite
    500 Posts Second Anniversary
    When I saw endowments listed for sale in the early 1990's, almost all were due to mature in the coming 10 years,  with only the odd one having  a bit longer to maturity,   so the policies probably matured around 20 years ago with records  long since destroyed. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Timien said:

    The reason I urgently need to trace the SALE of the Policies is my Siblings don't believe my Father nor myself when we tell them thats what my parents did.


    If that's that attitude of your siblings suggest to your father that he changes his will. None of their business. Who are the named executors in your father's will? 
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