Making Your Choice

Home

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')

18) How will my policy be affected?

The reattribution forms part of a proposed reorganisation of Aviva's companies. If the reorganisation goes ahead, your policy will be transferred from the with-profits fund of CGNU Life Assurance Limited and/or Commercial Union Life Assurance Company Limited into the with-profits fund of Aviva Life & Pensions Limited. This will not affect your policy benefits and your investment will remain secure. In addition to Clare's appointment as policyholder advocate, Aviva is also required to appoint an Independent Expert to examine the proposed reorganisation and ensure that it does not adversely affect policyholders' security and benefit expectations.

« Back to search results

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?