For all of you ex National Mutual policyholders (now G E Life), the waiting is over. Qualifying policyholders should receive their pay-outs by the end of July this year.
In order to qualify for any demutualisation windfall your policy must have been with National Mutual and invested (at least in part) in the With Profits Fund. Holdings in the With Profits Fund must have been in the fund without a break between the dates of 9 March 2001 and 8 April 2002. Pay-outs are expected to be £500 for each person that was a member of National Mutual in their own right. Others that are not members in their own right may be entitled to extra benefits for their policy.
If you believe you qualify as a member of National Mutual but have not received documentation from the company, get in touch and we will try to help.