A small endowment policy I jointly hold with my ex-wife has matured. The total sum payable is £6000.
They have asked me to produce documents proving my ID and to fill out a claim form.
The claim form stated that monies can only be paid out in one of two ways: into a joint bank account in the policyholders names or to be split 50/50
Now £3000 is a lot of money to me however they are refusing to pay me my half until my ex-wife claims her half.
Fine, so I ask them if they have made contact with her and they tell me their tracing agent has not had any luck yet.
So what happens to my share if they can't find her? Apparently they keep it and there is nothing I can do about it.
I have not seen her for 20 years now, we had a very acrimonious split and I do not wish to tip her off that I can only get my half if she claims hers because I know that out of spite she'll probably not claim it!
Anyone got any ideas how I can get my hands on MY money?!
Many thanks
They have asked me to produce documents proving my ID and to fill out a claim form.
The claim form stated that monies can only be paid out in one of two ways: into a joint bank account in the policyholders names or to be split 50/50
Now £3000 is a lot of money to me however they are refusing to pay me my half until my ex-wife claims her half.
Fine, so I ask them if they have made contact with her and they tell me their tracing agent has not had any luck yet.
So what happens to my share if they can't find her? Apparently they keep it and there is nothing I can do about it.
I have not seen her for 20 years now, we had a very acrimonious split and I do not wish to tip her off that I can only get my half if she claims hers because I know that out of spite she'll probably not claim it!
Anyone got any ideas how I can get my hands on MY money?!
Many thanks
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