Making Your Choice

105) How does Clare feel about the proposed reattribution?

Clare is pleased that despite the recent financial turmoil, discussions have finished and a revised deal has been reached. She wants policyholders to have a choice and now they will have that opportunity. Each eligible policy will receive a minimum of £200 based on inherited estates being valued at £1.2 billion, this being the lowest valuation at which Aviva would expect to proceed with the reattribution. Voting packs, which are being issued in June, will contain the voting slip, Clare's guidance and the minimum amount individuals can expect to receive. Aviva has asked policyholders to return their completed voting forms in the envelope provided by 21 August 2009.

The new offer has maintained the key principles behind the previous agreement: that is, ane individual decision for every policyholder and protecting the position of those who decide not to accept the offer.