Making Your Choice

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Making your choice - the guide

Questions and answers

These were prepared to assist policyholder in coming to their decision about the Aviva offer to buy out policyholders interest in the inherited estates of CGNU and CULAC. The reattribution was approved in the High Court on 19 September 2009 (see ‘News & Articles')

150) What's the average payout and what's the largest?

If the average value of the inherited estates is £1.2 billion:

• Around 310,000 policyholders can expect to receive £200 (the minimum payment)
• Around 260,000 policyholders can expect to receive between £200 and £375
• Around 250,000 policyholders will receive between £375 and £750
• Around 140,000 policyholders will receive over £750

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Related Questions

17) I had a long investment which matured shortly before the 21st November 2006, as I have contributed to the inherited estates how am I not eligible?

16) If I died would a claim on the policy affect eligibility?

15) My policy has been made paid up am I still eligible?

14) My policy ended just before the 21st November 2006; why have I not been considered?

13) Are all policyholders eligible?

12) If I took out a new policy would I be eligible?

11) I have recently switched out of the with profit fund, am I eligible?