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Doing it for a friend

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Comments

  • antrobus
    antrobus Posts: 17,386 Forumite
    How do the claims companies get round this? What is it that they get from clients? I doubt it would be a full POA given the costs and implications. As I keep saying she cannot have the correspondence sent directly to her as she has no fixed address.

    Contract.

    .............
  • Nasqueron
    Nasqueron Posts: 10,941 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    How do the claims companies get round this? What is it that they get from clients? I doubt it would be a full POA given the costs and implications. As I keep saying she cannot have the correspondence sent directly to her as she has no fixed address.

    They get a letter of authority allowing them to deal with one specific financial group - that might work as it's not anything unusual now due to the number of CMCs but that again relies on a customer getting the correspondence from the bank to be able to sign it off. She could always request the communication go by email or get a PO box

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    How do the claims companies get round this? What is it that they get from clients? I doubt it would be a full POA given the costs and implications.
    The Letter Of Authority (LOA) which CMCs use would not be accepted by a Bank from a private individual.

    Your friend simply needs an arrangement to collect her mail at a nominated Post Office.
    Post Restante
    https://en.wikipedia.org/wiki/Poste_restante#United_Kingdom
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