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Unclaimed Policies

EDM number 719 in 2009-10, proposed by Gregory Campbell on 26/01/2010.
Categorised under the topics of Financial services and Pensions.

That this House notes the recent announcement by the Scottish Widows Company that policyholders have not so far claimed the matured proceeds of some 24,000 policies, the average amount per policy being over £2,000; estimates that approximately £50 million is due to be claimed provided that those entitled are made aware and make their claim before 3 March 2010; further notes that the qualifying policies include pensions, with-profits bonds, endowments and some forms of life insurance with Scottish Widows; further notes that the policies were still `live' approximately 10 years ago; and expresses the hope that those who could benefit will take advantage of the opportunities provided by Scottish Widows to avail themselves of what is rightfully theirs or lose all entitlements to the proceeds after the final 3 March 2010 deadline.

This motion has been signed by a total of 24 MPs.

Gregory Campbell26/01/2010East LondonderryDUPProposed
William McCrea26/01/2010South AntrimDUPSeconded
David Simpson26/01/2010Upper BannDUPSeconded
Peter Bottomley26/01/2010Worthing WestConservativeSeconded
Martin Caton27/01/2010GowerLabourSeconded
Ronnie Campbell27/01/2010Blyth ValleyLabourSeconded
Lynne Jones27/01/2010Birmingham, Selly OakLabourSigned
Andrew Pelling27/01/2010Croydon CentralIndependentSigned
Brian Jenkins28/01/2010TamworthLabourSigned
Betty Williams28/01/2010ConwyLabourSigned
Harry Cohen29/01/2010Leyton and WansteadLabourSigned
Mike Hancock01/02/2010Portsmouth SouthLiberal DemocratSigned
John McDonnell01/02/2010Hayes and HarlingtonLabourSigned
Lady Hermon02/02/2010North DownUUPSigned
Michael Connarty02/02/2010Linlithgow and East FalkirkLabourSigned
Bill Etherington02/02/2010Sunderland NorthLabourSigned
Paul Flynn02/02/2010Newport WestLabourSigned
Alan Simpson03/02/2010Nottingham SouthLabourSigned
Stephen Hepburn03/02/2010JarrowLabourSigned
Elfyn Llwyd03/02/2010Meirionnydd Nant ConwyPlaid CymruSigned
Jeffrey M Donaldson03/02/2010Lagan ValleyDUPSigned
Nigel Dodds09/02/2010Belfast NorthDUPSigned
Eric Illsley10/02/2010Barnsley CentralLabourSigned
Michael Clapham10/02/2010Barnsley West and PenistoneLabourSigned

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