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Old Endowment Policies
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My father paid into an endowment policy for approx 2 years with General Portfolio back in the late eighties - had he continued to pay in the policy would have matured this year - as he paid in well in excess of �2,000 will he be due any money back and does anyone know how to trace the company?
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For more on marking an answer as the "Best Answer", please visit our FAQ.It would have been made "paid up" so will have a value it depends on charges deducted and investment performance in the interim. Hard to say what he'll be due but the stock market has recovered in the last 2 years so he should get something noticable back. He can wait for maturity or call up now and ask for a value to get some indication.