Hello Sarah,(posted 8836 days ago)The endowment policy is in your name because it is your life that is insured. If the policy document is with the building society, the chances are that it has been assigned. An assignment is a form which you put your signature too and this is usually done when you're signing other documents at your solicitors when you bought the house.
If the house is already being repossessed then the building society may well have already cashed in the policy or written to the insurance company and told them of their intention to do so. They are not obliged to tell you this information.
Denise