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Response to re-endowment policy.

from (stephen.pooley@ntlworld.com)
We had 4 endowements linked to our mortgage, 3 were assigned/deposited with A.National and surrendered by them under their "Power of Sale" at reposession. The other policy was not assigned, therefore we got the money for this one.

DLA/A.National consistantly deny that any policies were assigned to them (no figures show on their Statement of Account), my personal opinion is that they can't be bothered to look through the paperwork (if any)to find out. We know they had the money for them because we wrote to all Companies involved, we have all the documentation we need in regards to this matter, they even gave us copies of cheques which were issued to A.National at the time.

The point is, write to whoever you had the policy with, tell them your predicament, and make sure they know that the info requested on your reposessed property should be addressed to your present address. Ask for copies of cheques, notices of deposit, date and amount of surrender, if and when cheques were cashed and in who's name the cheque/s were issued.

Good luck

Stephen Pooley

(posted 8440 days ago)

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