endowment claims UK
endowment claims UK
CLAIM LINE 0800 316 4434
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HOW TO RECOGNISE A MIS-SOLD ENDOWMENT MORTGAGE


A claim for being mis-sold a mortgage endowment policy depends on the way that a Life Assurance Company, or their agent, conducted the sale of the policy. If the sale complied with the rules of the Regulator, then the policy in question has not been mis-sold and there are no grounds for a claim. If the rules were breached, however, then a claim for mis-selling can be made. Examples of mis-selling are shown below.

Typical examples of endowment policy mis-selling
There are a number of ways in which endowment mortgage policies were mis-sold. These include:

  • The endowment did not match the policyholder's attitude to risk and this was not taken into account at the time of sale when advice was provided regarding the most suitable mortgage.
  • An endowment policy was recommended without any choice or explanation of an equivalent repayment product.
  • A promise of guarantees, that did not exist, was made, or indicated by the sales person.
  • Conditions were attached to a mortgage stating that it would only be granted if an endowment policy was arranged.
  • The risk of a possible shortfall in reaching the target mortgage, or how this could be dealt with, was not explained.

    • Having read the above points, you may well now be wondering whether you were mis-sold an endowment policy and may wish to evaluate your grounds for a mis-sold endowment claim.

    IF YOU THINK YOU MAY HAVE A CLAIM - CLICK HERE TO TAKE THE TEST
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    endowment claims UK, Manor Park Chambers, 304 High Street, Aldershot, Hampshire, GU12 4LT
    Telephone: 01252 361200 Fax: 01252 361201