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Have you claimed yet?

This is the final call for former Scottish Life members to claim payments following the demutualisation of The Scottish Life Assurance Company in 2001.

If you had an eligible policy at the time of the The Scottish Life Assurance Company’s demutualisation in 2001, you may be entitled to a payment of £500 for loss of membership.

In accordance with the scheme particulars set out at the time, such compensation payments must be finalised by 1 July 2007, six years after the date of demutualisation. After this time, there will be no entitlement for compensation payments for loss of membership.

Any money which isn’t paid to former members by 1 July 2007 will remain in the Scottish Life Fund for the benefit of those people who have policies in the Fund.

Important note

Not all policies issued by The Scottish Life Assurance Company conferred membership on an individual (eg. most Personal Pensions Plans did not). 

Next steps

• Introduction
• List of qualifying policies
• Are you eligible?
• Questions and Answers
• How to claim