Premium Bonds - inheritance

sacko1305

Whilst dealing with a relative's estate, I came across some premium bonds that were held by a distant relative who died many years ago. It appears that the holder's husband never contacted NS&I when she died. He subsequently died and again his executors never contacted NS&I. Neither did any subsequent beneficiary (under normal inheritance rules). I believe that the bonds are still active.
As far as I understand it, premium bonds cannot be inherited, so I'm wondering what will happen to them.

born_again

Contact them & you should be able to provide death certs & get refunded. 
Or at least that is what we did with my Step Father.

eskbanker

https://www.nsandi.com/help/manage-money-for-others/customers-who-have-died explains how to deal with this.

sacko1305

born_again said:

Contact them & you should be able to provide death certs & get refunded. 
Or at least that is what we did with my Step Father.

eskbanker said:

https://www.nsandi.com/help/manage-money-for-others/customers-who-have-died explains how to deal with this.

Thanks but they only seem to accept claims from the person's immediate beneficiary/executor, not subsequent beneficiaries.

I did contact them online and they sent me a form to be completed by her husband who, as I said, is long time dead!

The value of the bonds is quite small so I'm not too bothered about claiming it back, but I wonder what happens in this situation if the bonds had won a prize (within a year of the holder's death).