Jambo74

Jambo74

My son took out a mortgage with bank of Scotland in 1997.As a condition of the loan he had to take out a life insurance policy to cover the cost of the mortgage if the worst should happen.He sold his flat and cleared the mortgage a couple of years later but he's just realised that the bank has still been paying the direct debit even though the mortgage was paid up many years ago. He wrote to the insurance company who say it was not their problem.
Any advice would be appreciated.

dunstonh

As a condition of the loan he had to take out a life insurance policy to cover the cost of the mortgage if the worst should happen

Very much the norm in the 70s and carried on right into the 90s. Some even required it in the early 2000s.

He wrote to the insurance company who say it was not their problem.

That is also correct.

Any advice would be appreciated.

Tell him to control his finances better in future.

There is nothing else here apart from that. The lender has done no wrong. The insurer has done no wrong.