legal redress

Old_Git

does anyone know off a company called legal redress .
from what I gather they take 30% plus VAT off any money due back due to mis selling insurance .

lisyloo

Why wouldn't you save 30% and use the free complaints service yourself?
You can get plenty of help writing letters for free on sites like this and it costs very little (stamp money).

Old_Git

lisyloo wrote: »

Why wouldn't you save 30% and use the free complaints service yourself?
You can get plenty of help writing letters for free on sites like this and it costs very little (stamp money).

its not my claim .I am just helping a friend who has being dealing with them .

dunstonh

Seeing as most claims companies seem to be opportunistic set ups designed to encourage try-it-on and fraudulent claims so they can get paid money up front, the general consensus is not to use one.

They key reasons are:
The complaints process is free of charge. Why pay a company 30% plus VAT for them to submit a template letter (which is what most use) that you can get free of charge
Claims companies tend to have a lower success rate than personalised complaints
Most Claims companies dont understand the products they are complaining about (cue recent thread where a claims company thought a life & CI policy was PPI and didnt actually know what CI was)

If you have been mis-sold then its actually very easy to get redress. If you havent been mis-sold then you shouldnt be trying it on by putting in a fraudulent claim.