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Friends ProvidentNewest Review: ... life of the policy. Over a period of years I took out a few ten-year policies with Friends Provident so that I could eventually receive a lump sum payment virtually every year. The first of these matured in June 1998. That particular one was for ten years at a constant £10 per month so I paid in a total of £1200 over the period of the policy. Each year I got a statement showing the bonus payment for the year and the extra bonus paid on the accrued bonuses from previous years. A t the end of the term the sum assured plus all the bonuses as notified together ... more |
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Read Reviews for Friends Provident
by - written on 11/01/01 (Very useful, 206 readings)
Rating:
When I was in infant school my parents took out a ten-year insurance policy in order that they would receive a lump sum at the time that I might want to go to University so that they would be in a position to help with my expenses. As it happened I didn’t go to University, but the money came in useful for the family generally. When I eventually got my own house and was managing a household budget I thought that this way of saving could be a good idea. Like most people I get plenty of ‘junk’ mail landing on my doormat and quite a bit of it is from insurance companies, so I started reading about how these policies worked. ... Read the complete review

