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Annual Payment of Goods
Hamiltonc
Posts: 110 Forumite
in Credit cards
If I was to pay for an annual payment for an insurance product but the company purchased through and who deals with claims etc go bust, how would I get back a refund of some of the annual payment made? Is the only way through the credit card company? Just wondering for a purchase later on this year.
0
Comments
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It's not the on!y way, but it's by far the easiest.1
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If the broker goes bust you insurance will still be in place as the risk is placed with an underwriter. The chances of an underwriter going bust is extremely remote. You have nothing to worry about.2
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