I have 15 year ordinary Life policy taken out in 1994, I pay £12.70 per month and have been assured a £2000 sum plus profits, what will be the estimated return on this?
- posted
18 years ago
Ordinary Life Policy
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- posted
18 years ago
You'll need to address this question to the life company. Nobody else is likely to know, particularly as we don't know what comapny it is and what its bonus rates have/will be for policies like yours taken out when yours was.
Rob Graham
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- posted
18 years ago
The company is CIS, I only want an idea of what return, it's difficult contacting these compnays as their phone system is very complex and long winded.
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- posted
18 years ago
I still doubt if anyone other than the life company could give you an answer. Only it knows what it can offer.
Rob
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- posted
18 years ago
Ok, I guess 2,345.63p.
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- posted
18 years ago
How do you work that one out then?
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- posted
18 years ago
In message , Tumbleweed writes
Do you not get annual statements with details of bonuses that were added to the policy?
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- posted
18 years ago
No annual statements, but I have had the same policy before, taken out on 10 years and the return was about 90% on the original investment, so your figure is way of the mark, and if it is an attempt to try and wind me up it is not working.
Constructive answers please?
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- posted
18 years ago
LOL.
Go ask the company.