Unexpired Risks Reserve

The amount set aside as at the end of a financial period in addition to unearned premium in respect of risks to be borne by the company after the end of that year under contracts of insurance entered into before the end of that year, in order to provide for additional costs of claims. That may be necessary because certain business is expected to be loss-making or, for example, to cover claims whenever they may arise in the future under contingency insurances paid for by single premiums.

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.