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Can these PPI claims cover endowment policy?
Rosie2
Posts: 34 Forumite
Help! Can anyone tell me if we should put forward a claim for a mis-sold endowment policy from the 1980's which finished over 5 years ago?? We missed out on doing a 'mis-sold endowment claim' as were told we had left it too long to claim - but should we try again under this mis-sold PPI system? Policy was taken out with TSB to pay our mortgage off and obviously fell far short of the balance. Any advice welcome...
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PPI is not an endowment, so not sure why your compare. It sounds like your endowment complaint was time barred. If you want to complain about the PPI, then make a complaint.0
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Can anyone tell me if we should put forward a claim for a mis-sold endowment policy from the 1980's which finished over 5 years ago??
What is your reason for complaint?We missed out on doing a 'mis-sold endowment claim' as were told we had left it too long to claim
There you go then. You have your answer.but should we try again under this mis-sold PPI system?
There is no mis-sold PPI system. It uses the same complaints process that has been around for ages.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Reason for complaint = We were told the endowment was supposed to pay off the mortgage and more, and it didn't!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!0
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But you knew that years ago and didn't complain then.0
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Reason for complaint = We were told the endowment was supposed to pay off the mortgage and more, and it didn't!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You already said you were timebarred on that.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Reason for complaint = We were told the endowment was supposed to pay off the mortgage and more, and it didn't!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Have you read the MSE guide to mis-sold endowments?
http://www.moneysavingexpert.com/reclaim/endowments-miss-sold?... In a nutshell, you're complaining about the way you were sold – not the performance of your policy...."Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100
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