Tuesday August 11, 2020

Most frequently-asked questions

Some savers are worried that they have to apply three months before the maturity date of their SSIAs to obtain their money back.

7th May, 2005

Some savers are worried that they have to apply three months before the maturity date of their SSIAs to obtain their money back. Savers must apply within a three-month period before the maturity date of their policy. See examples of dates below.

There have also been concerns about penalties that may be imposed if savers are late sending in the required documentation to claim their lump sum.

However, savers should not be too concerned, as...

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