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Endowment payout - Thanks

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Hi All

I'm glad to say that after pestering my wife for over 1 year she finally submitted a claim for misselling of the policy and along with the help and advice from this site I'm very glad to inform you all that she (we ;) ) have received just over £4k!!

Thanks again to this site and the help everyone provided.

Sean

:beer: :T

Comments

  • Poser
    Poser Posts: 154 Forumite
    Well done enjoy the money
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Poser wrote:
    Well done enjoy the money

    Unfortunately this is what a lot of people have done.The compensation is to cover what the "shortfall" would have been if you'd had a Repayment mortgage. By spending the "compensation" on Cars, Holidays, Plasma screen TV's etc, a lot of thses people are going to be in for a shock, when , at the end of the term of their Endowment, they have a shortfall. What will the do then? Try getting more compensation for being stupid?!
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