During the 80's and 90's over nine million endowment policies were sold as repayment vehicles for mortgages. They were often sold on the basis that they would repay the mortgage loan and provide an "extra" tax free lump sum. Now most of them won't even repay the mortgage loan, leaving millions of consumers facing a large financial loss, often referred to as 'The Endowment Time Bomb'.
If you have a mortgage endowment policy then in all probability it will not cover your outstanding mortgage.
We can conduct a successful claim on your behalf. To make sure you qualify check your claim profile against those listed below...
Who sold you the policy:
- Insurance Company, Bank or Building Society; or
- If was sold by an Independent Financial Advisor estate agent or other broker then it must have been taken out after 28th April 1988
Have you already complained? If so, it must be within the last six months.
Sold or redeemed your policy already? No problem, provided it was within the last three years.
If you took out an Endowment
Mortgage, the chances are
that it will not pay off your
house as you expect and that
you will be left with an
