Endowment Shortfall - Are You Missing Out On Compensation?
Saturday, November 29th, 2003Millions of pounds of compensation have been paid out by insurance companies. Are you entitled to a share? Could a claim now help to get your mortgage repayments back on track for the future? But you must act quickly - insurance companies are only allowing claims for a limited time.
If you took out an endowment insurance policy with an interest only mortgage after April 1988, it is highly likely you were one of the millions of victims of Endowment Misselling.
It is possible that you have received a letter from your endowment company warning you that your endowment investment is not on track to pay off your mortgage and advising you to find alternative means to pay off your mortgage. This is called a “Red Letter” and from the date this is sent you only have three years to claim compensation.
If you were told the policy would certainly pay off your mortgage or were promised an extra lump sum at the end of the mortgage or have had to make extra contributions to keep it on tra (more...)
