£7.5m unclaimed from Scot Life demutualisation

It says this is the final chance for members with an eligible policy at the time of the demutualisation to come forward and claim a potential £500 for loss of membership, as in accordance with the scheme rules all compensation payments must be finalised by 1 July 2007. Scottish Life says there are currently around 15,000 former members of Scottish Life who are still eligible for payments, representing a total amount of unclaimed payments of approximately £7.5m, and it has set up a special web-based service to deal with enquiries and which also lists the policies which are eligible for co...