Norwich Union Endowment

SUGARBABE · 31 March 2008 at 12:50PM

Just want to say that I too have been duped by Norwich Union on my endowment policy. Like pervious people I too was promised it would make its amount with more besides. It is due to mature in June 2008 (having taken it out 22 years ago) and I asked for a projected figure at the finish date. what a load of waffle they sent me. I will get this and I will get that and maybe I just might get this and maybe I wont. At the end of it all, the only thing that I am guaranteed to get back is my initial insurance sum which is £5910 plus the bonus that it has already made £4687.70 and a sum of £500 which they say is a 'Promise to Policyholders'. I was given a figure for a final bonus but they cannot guarantee this so...........If I dont get a final bonus I will finish up with £11,097.70 a shortfall of £3902.30 which in my eyes is not very good considering the profit that NU has been making. To make matters worse I also have an endowment policy with Guardian Royal Ins and I dont know whether this will make its target either. I despair with these Ins company's