Life insurance

[ogi290]

Hello dx

 

see attach doc

 

can i claim for this one as well?

 

jus going through a box full of SAR. as mention i do not know i have all this insurance

 

looks like this attached to a mortgage account which we have 3 from the bank but i do not know which mortgage account it relates to

 

ogi

[dx100uk]

depends on the mortgage.

 

look at the T&C's it might have been compulsory.

 

however, the ONLY thing you must have is building

either already running or via someone

[Hortz]

Come off it! Life assurance is underwritten at point of sale you'd have had to complete a full application form and health questionnaire. It will also have been coming out of your bank account on a monthly basis and you'd have had to sign a direct debit mandate for it to do so. It's a valid and legitimate type of insurance cover.

[dx100uk]

doesn't mean it was not mis-sold

 

told it was compulsory by a advisor/broker so they make on the commission.?

[Hortz]

Utter nonsense. The OP has said "I do not know I have all this insurance". Which by definition rules out the entirely speculative suggestion above.

 

Maybe I'm just old fashioned having moral standards in this day and age...

[dx100uk]

my neighbour got over £15k back from skittish widows over numerous mis-sales

by C&G advisors dating back to 1998

 

likewise, did not know he had all these insurance policies.

 

the documents that cameback from the SAR

and the ones he had already proved the case without doubt.

 

never say its never possible.

 

dx

[ogi290]

good afternoon DX

 

thanks for enlightening me.

 

I must say that i do not recall taking this life insurance policy. we have 3 mortgage from the bank,one in my ex sole name, a joint mortgage and joint equity release

 

all the mortgages is now been paid according to my SAR

 

accordingly the bank cannot provide any agreement nor statements beyond 2005

 

all my bank statement nor the joint account doesnt show a dd for this amount this might be included on the mortgage payment each month but which one?

 

i would like you please to give me some pointers to write to the bank regarding this matter

 

ogi

[theoldrouge]

unless it was an interest only mortgage, why would they recommend level term insurance,other than for the extra commission?

[dx100uk]

Come off it! Life assurance is underwritten at point of sale

 

you'd have had to complete a full application form - so doesn't mean it was not mis-sold

 

and health questionnaire. - so doesn't mean it was not mis-sold

 

It will also have been coming out of your bank account on a monthly basis - so doesn't mean it was not mis-sold

 

and you'd have had to sign a direct debit mandate for it to do so. - so doesn't mean it was not mis-sold

 

It's a valid and legitimate type of insurance cover. - so doesn't mean it was not mis-sold

 

 

the more I read your posts

the more I believe you work or are/have profited for the selling of these products.

 

dx