MegaSack DRAW - This year's winner is user - rgwb
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Topic starter
If a person had a policy took out in 1976 and the sum due to be paid out on death is £206, would that have increased over the years ?
Worried I'm going to have to borrow money to pay for a funeral.
Thanks.
Posted : 27/06/2014 5:42 pm
need to check wording, but chances are, no - £206 might be the payout.
My mum cashed in a life policy some years back, proper full life insurance policy, on parchment almost - sum realised - £48 or something, would have been quite a lot when taken out - 1950 or so!! I think it was a policy taken out by her dad before wedding possibly..
Posted : 27/06/2014 5:49 pm