06 October 2015
To qualify or not?
Has an endowment policy that had unpaid premiums become non-qualifying?
A 25-year endowment policy was taken out in 1990 with a life assurance company (Company A). Premiums were paid by cheque on receipt of a quarterly invoice. The company stopped issuing quarterly invoices from December 2008 and premiums were unpaid until the matter was brought to our attention in June 2010, at which time all premiums and arrears were paid up to date.
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Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
