Merryn's Blog

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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Scottish Widows has managed to trace 51,700 of these people, but the rest are unaccounted for.

Policy holders only have until March 2010 to claim their money. That is the last point at which you can register a claim - any money still unclaimed at that point will be added to the Scottish Widows With Profits Fund.

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So, if you were a Scottish Widows customer in March 2000 contact them now to claim your money. You can find out how to claim your cash at www.scottishwidows.co.uk/unclaimed

Even if you aren't a Scottish Widows customer, you could be owed money you've forgotten about. Over £1bn is lying in lost or forgotten bank accounts in the UK. To check whether you have any forgotten accounts or unclaimed pools or premium bond winnings visit Mylostaccount.

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