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Thread: A windfall?

  1. #1
    Mutley
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    Default A windfall?

    I've spent today clearing out my filing cabinet, throwing away the water bills I have kept for the last 10 years, why do we do this? Is it to do with our hobby, throw nowt away?

    At the back of the cabinet were two old files containing a couple of insurance policies thingys.
    One had no correspondence since 1996 and the other even later. I binned them, into a sack for shredding.

    Through the day, I kept thinking about them, why was there not a letter, "herewith is a cheque for ...."

    I retrieved them later, tipping them out of the sack and set to, on the web, to find out the origins of the policies, both had changed company names over the years. I finally found telephone numbers and rang them, dreading what my phone bill will be after listing to music for ages.

    Both policies are still ACTIVE. Oh my God.... "Just send us a change of address form and we will tell you the value" Oh my God... and I'd binned them!

    I doubt I will be able to leave the grandchildren an 'inheritance' but they might provide an Easter Egg with a fiver attached!

    Just goes to show... I wonder how many millions of pounds are sitting in these companies and still due to people that have died, moved, lost them, forgot about them or binned or shredded them?

  2. #2
    Thomasin
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    Good work, Mutley. It just goes to show that it doesn't pay to be too tidy (she says, who keeps bank statements for years and years and years ................)!

  3. #3
    Famous for offering help & advice
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    Way to go Mutley!
    Now every member of the forum will be cleaning their old cabinets!
    Sue

  4. #4
    terrysfamily
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    Well done Mutley

  5. #5
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    Quote Originally Posted by susan-y View Post
    Way to go Mutley!
    Now every member of the forum will be cleaning their old cabinets!
    Sue
    Not me,I've seen what's in them! too busy to muck about with 'stuff'!
    Gotta leave something for the youn'uns to winge about in later days.
    Happy Families
    Wendy
    Count your Blessings, they'll all add up in the end.

  6. #6
    David Benson
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    When my Dad died around 20 years ago we found some old policies, which I did know about, that were taken out when he was born. 1 penny a week for 21 years - from birth until he came of age. They then became "Paid up policies" and just collected interest for the remaining years. The payout was over £1500 after he died.

  7. #7
    Colin Rowledge
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    Quote Originally Posted by David Benson View Post
    When my Dad died around 20 years ago we found some old policies, which I did know about, that were taken out when he was born. 1 penny a week for 21 years - from birth until he came of age. They then became "Paid up policies" and just collected interest for the remaining years. The payout was over £1500 after he died.
    Now, David, that was a pleasant surprise, eh?

    I am hoping for the same result on a matter in the U.K. that concerned my late father.

    Colin

  8. #8
    Valued member of Brit-Gen Rove's Avatar
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    Me too

    This week I've spent a couple of days clearing old papers, books and magazines

    I had 5 boxes full of TIME magazines going back to the mid 1940s

    Plus 3 boxes of National Geographic magazines. All gone for recycling,

    I did offer them to a local Used Book shop but were not interested.

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