Audit Reserves
Reserves created according to rules laid down by Lloyd's and approved by the FSA. They are made on open years of account to ensure that Names have sufficient funds to wind up their accounts after 36 months have elapsed. This solvency must be on an individual Name basis (i.e. aggregating the name’s participation in all relevant syndicates) and any deficiency must be covered by the lodgement of additional assets.
Do you have old policies lying about? Perhaps it's a term or whole of life insurance, pension, endowment, bond or an annuity policy. Or do you receive statements for a policy which you are unsure about? Why not use Policy Detective to find the answers.
Which company now looks after your policy? Who can you contact about your policy? What do all those words and phrases on my policy document actually mean?
Policy Detective is a UK company for UK customers. We help you to track-down the Administrators for policies which you or your loved ones may have in the bureau or the attic. You never know how much money there could be in that old policy. It's not easy to find this information, as companies through time are taken-over, merge with other companies and even change their names. We can help you find the company which now deals with your policy. Some companies even allow us to check the status of your policy.