Scottish Life has commenced payment of windfalls to more than 189,000 policyholders as a result of i...
Scottish Life has commenced payment of windfalls to more than 189,000 policyholders as a result of its takeover by Royal London earlier this month. The payments are being paid to members of the former Scottish Life Assurance Society, as compensation for the loss of member rights due to the transfer of business to the Royal London Mutual Insurance Society. Reports suggest though that some 14,000 policyholders will not be receiving their windfall on time because they have failed to keep the life group informed of their current addresses. Scottish Life spokesman Alasdair Buchanan sai...
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