Policy payout interest due? – MoneySavingExpert.com Forums


Back in April my SiL died suddenly (aged 51), so obviously a PM was required

Following PM a death cert was issued and funeral proceeded, cause of death was believed to be Meningitis; but not yet determined waiting on Lab tests etc

Funeral went ahead but Life insurance payout delayed re above (& possibly due Policy was taken out as part of employment package within last two years)

Official cause now determined as Meningitis and payout received this week

Payout received was the Nominal amount due on death and no interest from date of death to date of payout – is this correct

Can’t help feeling that someone has been sat on Payout from original claim date till actual payout and running up interest to their account

Comments please

Pzulba – Out of Africa (Retired)


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