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Home Content Insurance

bellamyspiano
bellamyspiano Posts: 1 Newbie
in Insurance & life assurance
Hello

I signed up with Barclays for Home Content Insurance back in May 2011. Due to serious financial difficulties I am having to move back to the parents house ASAP. When I called Barclays today I was outraged to discover they wanted at least £26 in cancellation fees from me. Money I simply do not have! Therefore I cannot cancel yet and have to carry on paying for it :(

Does anyone have any suggestions on easing my way out of this b**!!!!?

Katanya Simm

Comments

  • ACG
    ACG Posts: 24,733 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    It may not help but write them a letter appealing to their better side, send a copy of your bank statement in etc?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • InsideInsurance
    InsideInsurance Posts: 22,460 Forumite
    10,000 Posts Combo Breaker
    Barclays home insurance are generally very low fees compared to the market. They charge nothing for mid term adjustments and £26 for cancellation is significantly below many who can charge £50+.

    You agreed to the fee when you took the policy out and the only thing you can really do is hope for a gesture of goodwill but given the insurance isnt actually with Barclays and you're not going to continue being a customer of the insurance company they don't have much motivation to give you one.
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