engage Mutual Assurance has appointed a dedicated tracing agency to help connect customers or their beneficiaries with unclaimed money held by the society.
At least £6 million is currently awaiting claim, due in many instances to forgotten policies or un-notified address changes. But specialist tracing company, Assets Reunited, will seek to locate the owners of funds and ensure that these are paid out.
engage Mutual's director of operations, Steve Barry said:
"As a customer-owned business with a mission to help families secure their financial futures, we are putting a great deal of effort into tracing the owners or beneficiaries of a range of policies that are currently waiting to be claimed. Families need to make the most of every penny available and in some instances, could benefit significantly by having access to these funds."
Typically, unclaimed funds arise as a result of forgotten matured insurance policies; un-notified changes of address; or where the policyholder dies and beneficiaries are unaware that the policy exists.
Steve Barry continued:
"As a result of the proactive work we are doing to trace owners of these funds, we are hoping to be able to bring some good news to as many as 3,000 customers, or their relatives."
If you believe you may be entitled to recover unclaimed money, please call the helpline at Assets Reunited on 020 87782727.
For more information contact:
Kathryn McLaughlin
PR Manager
01423 855245
kathryn.mclaughlin@engagemutual.com
notes to Editors:
- if using this article on a website, please link to www.engagemutual.com using the following hyperlink text: <a href="http://www.engagemutual.com"><strong>engage</strong> Mutual Assurance - meeting the changing needs of today's modern families</a>
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engage Mutual Assurance is a trading name of Homeowners Friendly Society Ltd (HFSL), Registered and incorporated under the Friendly Societies Act 1992, Registered number 964F and its wholly-owned subsidiaries, engage Mutual Funds Limited (eMFL) and engage Mutual Insurance Ltd (eMIL). Both HFSL and eMFL are authorised and regulated by the Financial Services Authority (FSA). HFSL's Register number is 110072, eMFL's Register number is 181487. eMIL is authorised to conduct general insurance business by the Gibraltar Financial Services Commission and is regulated by the Financial Services Authority for the conduct of UK business. eMIL's FSA Register No is 485680. You can check this on the FSA's Register by visiting the FSA website www.fsa.gov.uk or by contacting the FSA on 0845 606 1234.
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engage is one of the larger UK mutuals providing simple, value for money savings, protection and investment products. It currently helps over 420,000 customers of all ages to protect, preserve or enhance their welfare, with some of the most straightforward products on the market. engage prides itself on being a family-oriented, modern mutual, providing products that help enable households of all kinds to plan their finances to help meet their future needs. More information on engage Mutual is available at www.engagemutual.com
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engage supports mutuality, friendly societies and the regional financial services industry through links with the Association of Mutual Insurers, the Association of Friendly Societies, Mutuo and Leeds Financial Services Initiative.
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engage Mutual Funds Limited (EMFL) is a provider of the Child Trust Fund direct and in partnership with organisations including Yorkshire Building Society and Scarborough Building Society.
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engage Mutual has been the title sponsor of the Rugby Super League since 2005 and has extended its agreement to 2010.
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engage Mutual announced its entry into the health cash plan market in July 2008 following an agreement of partnership with Wakefield & District Hospital's Contributory Scheme (WDHCS). Further to this, 30,000 health cash plan customers transferred from Premier Health Benefits (part of WDHCS) to engage Mutual Insurance Ltd.
