Claim your free money from Scottish Widows

Are you a Scottish Widows policyholder? Then you could be in line for a windfall. The life assurance giant is looking for 33,900 people who it owes a total of £70,080,000. Individual sums owed range from £600 for those who only held non with-profits policies, to one payment of £102,645.58.

Are you a Scottish Widows policyholder? Then you could be in line for a windfall. The life assurance giant is looking for 33,900 people who it owes a total of £70,080,000. Individual sums owed range from £600 for those who only held non with-profits policies, to one payment of £102,645.58.

Theose owed money are final policyholders who haven't claimed their demutualisation payments. Scottish Widows Fund & Life Assurance Society demutualised in March 2000 triggering payments to 1.6m members. But 86,000 failed to claim the payments.

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Ruth Jackson-Kirby
Freelance journalist

Ruth Jackson-Kirby is a freelance personal finance journalist with 17 years’ experience, writing about everything from savings accounts and credit cards to pensions, property and pet insurance.