Income Protection Mis-selling

Malcs

Hi,
I'm new the the forum, but looked around for answers to this and couldn't see it. I think I was missold an income protection policy I bought from standard life. I was working for the NHS and had a permanent post where if ill I was paid 6 months full pay, followed by 6 months half pay.
The policy I was recommended by my financial advisor has a deferred period of 13 weeks.
Is this mis selling? If so if I complain to standard life will they pass me to the financial advisor? Who should I go to first?
Thanks

[Deleted User]

Malcs wrote: »

Is this mis selling?

I'm afraid not.

Malcs wrote: »

if I complain to standard life will they pass me to the financial advisor?

Any "complaint" needs to go to the seller of the insurance, not the provider.

However, you don't appear to have a valid complaint.

dunstonh

I think I was missold an income protection policy I bought from standard life.

Missold income protection plans are extremely rare. They dont even get a classification under the FOS because there are so few.

was working for the NHS and had a permanent post where if ill I was paid 6 months full pay, followed by 6 months half pay.
The policy I was recommended by my financial advisor has a deferred period of 13 weeks.

it is not misselling as you have a financial need for the policy. However, it does appear to have been set up with incorrect deferment periods. It should either be 52 weeks or split benefit with 50% at 26 weeks and 100% at 52 weeks. So, its more of an error than a missale.

You should contact the financial adviser so they can correct the error.