Endowment Mortgage Misselling

Where you a victim of Endowment mortgage misselling?

According to the latest Government report of the 8.5 million endowment policies still in force, around 80% are in danger of falling short of the sum required to pay off the policyholder's mortgage with the average shortfall being £5500 and it has warned the problem is likely to get worse.

The insurers are required to write to endowment policyholders every two years and inform them whether their investment is on track to meet the target sum. A Treasury Select Committee Report suggests as much as 60% of endowment policies may have been mis-sold.

To determine if you received bad advice when you purchased your endowment policy ask yourself the following questions. If you feel any of these issues relate to you, then simply complete the contact form at the bottom of this page and an adviser will contact you.

Do you believe your endowment policy was appropriate to your needs at the time of sale?

Were all the risks associated with your endowment policy fully discussed with you by your advisor at the time of sale?

Did the advisor discuss with you both the repayment and endowment method to repay your mortgage loan?

Did your advisor promise you that the full sum assured of your endowment policy was guaranteed to be fully paid at maturity?

Does the endowment term stretch beyond your retirement age and was this discussed with you at the time of sale?

Did the advisor promise you an additional surplus lump sum at the end of the endowment term?

For more information about an endowment mortgage mis-selling, please click the link below, which will take you to our Free, No obligation enquiry form:

What do you do next...
To receive your No Hassle claim pack and to begin the process of redress for the shortfall situation that you have with your endowment policy, simply:

•  Fill in our Endowment Mortgage Misselling Enquiry form , our consultants will work on your behalf to get the best quotes. (Recommended)

•  Call us on 08432 897 822 For more information or finance Help (8.30am-7pm - 5 days per week – Out of Hours Answer phone)

- Endowment Mortgage Misselling