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Endowment Assurance policy

jo901288
Posts: 8 Forumite

Hello I'm looking for some advice. My father in law sadly passed away and my husband found 4 very old endowment assurance policies with Royal London (2 taken out in 1974 and 2 taken out in 1989). When I checked with Royal London they haven't been claimed and we are in the process of applying for grant of probate. Does anyone know how the value is calculated? Will the money have been invested or is it interest that is added on? The values weren't high (£300 each on the 1974 policies and £800 on the 1989 policies) so we're not expecting thousands but we need to know approx amount to add to his assets for probate. I've asked Royal London for advice but they cant advise until the process has been completed. Any help would be appreciated thank you
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Comments
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vague memories that if these are "written in trust" - which I think a lot (but not all) were, then they are not part of the estate1
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