We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Can I still claim?

Hi, I paid into my endowment policy for only 10 years not over the 25 years of the mortgage, long story as to why. Next year I will basically get back the exact amount I put in. Can I still put in a complaint about mis-selling? We were told by Abbey National back in the later 1990's it would pay off the mortgage. THanks

Comments

  • Ganga
    Ganga Posts: 4,253 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    wowwow wrote: »
    Hi, I paid into my endowment policy for only 10 years not over the 25 years of the mortgage, long story as to why. Next year I will basically get back the exact amount I put in. Can I still put in a complaint about mis-selling? We were told by Abbey National back in the later 1990's it would pay off the mortgage. THanks

    It might of if you had paid into it for the full 25 years but as you only paid 2/5 ths of it that is why it cannot pay out the estimated total.
  • wowwow
    wowwow Posts: 12 Forumite
    Yes I understand that, but can I complain JUST about the years I paid in, for the proportion that this should have paid out? eg: for 10 years worth, which at least should have been at least a penny more than I paid in for the ten years.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.9K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 247K Work, Benefits & Business
  • 603.6K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.