My thanks to the loyal reader who dropped me a note (see below) about possible delaying tactics used by some endowment companies.
Has anyone experienced delays in receiving payments from endowment companies for policies that have matured?
I have redacted the names of the companies to which he has referred.
"I took out a £30K endowment with **** in 1987 and after 25 years it matured on August the 1st just under £32k not the promised - hinted at- confident 40-50k but at least its over 30k.
My issue is getting them to pay me - are you aware of a delaying tactic or policy on holding off on paying people?
They claim its the *** (another company) but I feel like I am just getting the run around?"