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Old Life Assurance Policies
Buggins
Posts: 344 Forumite
Hi there folks,
My late mother took out insurance on her parents' life in 1935. We have recently found the policies and the provisional claim value is £1.45 and £1.40. These policies are now with Royal Liver Assurance. Does anyone know if there is any mileage in pursuing these policies? The amounts seem very trivial and I don't know if they were "paid up" policies. Anybody with experience of "old policies" - any advice gratefully received.
Thanx
Buggins
My late mother took out insurance on her parents' life in 1935. We have recently found the policies and the provisional claim value is £1.45 and £1.40. These policies are now with Royal Liver Assurance. Does anyone know if there is any mileage in pursuing these policies? The amounts seem very trivial and I don't know if they were "paid up" policies. Anybody with experience of "old policies" - any advice gratefully received.
Thanx
Buggins
0
Comments
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Does anyone know if there is any mileage in pursuing these policies?
It's not going to cost you much to do so .. and they'll probably yield well into £three figures (assuming they are 'paid up' ... normally a certificate to that effect attached to them). But it will likely mean digging out death certificates (or paying for copies) for her parents. But contact Royal Liver in the first instance .. and ascertain the status of the policies. Also if they'll accept a very informal claim, if the dob of the parents shows they must now be deceased?If you want to test the depth of the water .........don't use both feet !0 -
Many thanks for this advice - will give it a go.
Buggins0
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