How do I find out if my old insurance policies are worth anything?
Your state’s insurance bureau is one place to start. Ask the insurer for a document called a policy-in-force illustration. This details the cash values, surrender values and amount of your death benefit, as well as other pertinent information such as the beneficiaries.
Who took over Scottish Legal Life?
Scottish Friendly
Scottish Friendly welcomes Scottish Legal Life members Members of Scottish Legal Life voted overwhelmingly in favour of a Transfer of Engagements to Scottish Friendly on 6 August 2007 and the Transfer became effective on 30 September.
Who took over AXA Equity and Law?
Equity & Law is now administered by Aviva.
Which company took over Pearl insurance?
Phoenix Life
In 2012 Pearl was taken over by Phoenix Life.
Do old life insurance policies have any value?
A policy that lapsed before the policyholder died has no value. But if the policy was still in force when the insured died, that policy’s death benefit may still be available to the beneficiary. Note that the death benefit amount could be different from the policy’s original face value.
How do you find out if a deceased person has life insurance?
The National Association of Insurance Commissioners (NAIC) has a “Life Insurance Company Location System” to help you find state insurance department officials who can help to identify companies that might have written life insurance on the deceased. To access that service, go to the NAIC Life Insurance Policy Locator.
Is Scottish Friendly a mutual?
At Scottish Friendly, we’ve been helping people plan for their futures since 1862 and are proud to be one of the largest mutual life offices in the UK. With no shareholders to pay, all the profits we make are distributed to members or reinvested for their benefit.
Who took over CGU?
CGU plc was a large insurance group, created by the merger of Commercial Union and General Accident in 1998. The company was listed on the London Stock Exchange. It merged with Norwich Union in 2000 to form CGNU plc, later renamed Aviva plc….CGU plc.
| Type | Public |
|---|---|
| Successor | Aviva plc |
| Headquarters | London, UK |
Did Phoenix life take over Scottish Provident?
Phoenix Life Limited On 30 June 2015, we transferred all the policies of National Provident Life Limited to Phoenix Life Assurance Limited. We transferred certain protection products from Scottish Mutual Assurance Limited and Scottish Provident Limited to Royal London in December 2008.
Why are Phoenix life contacting me?
There are a number of reasons why we might send you a letter – we may be asking you to confirm your details so we can maintain contact with you, it may be your Annual statement or your policy may simply be ending, maturing or reaching retirement age.