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Alpha Insurance insolvency

edited 30 November -1 at 12:00AM in Insurance & Life Assurance
2 replies 552 views
johojoho Forumite
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edited 30 November -1 at 12:00AM in Insurance & Life Assurance
We purchased a GAP insurance policy, £300 for 3 years, with our car in March 2017 and have just received notification that the underwriters, Alpha, are insolvent. We should be able to get a refund/partial refund on the premium but it's covered by the Danish Guarantee Fund which will cost us 1,000DKK.

The paperwork is complicated and I'm not sure whether it is worthwhile after the 1000DKK, or even how to start the process. I've emailed the Motor Group that we purchased everything from and am awaiting their reply.

Is it possible to make a claim via our Visa Debit card?

Confused - I am. Thank you peeps.x
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