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For millions of policyholders there now exists the genuine prospect of being unable to repay their mortgage from the proceeds of their endowment when it matures. If you have a claim for compensation you need to retain as much of this money as possible in order to offset your financial loss. Endowment Advice Ltd understands and accepts this point and has based its charge to reflect this.
The average claim being paid to policyholders is approximately £3,000 and the simple example below shows how much you could save.
Example £3,000 compensation
Competitor @ 20% + VAT = £705.00
Competitor @ 25% + VAT = £881.25
Endowment Advice 15% + VAT = £528.75
You Could Save Up To £352.50
15% plus VAT of compensation
Amount of Compensation |
Competitors charge at 20% + VAT |
Competitors charge at 25% + VAT |
Endowment Advice Ltd 15% + VAT |
£5,000
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£1,175.00
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£1,468.75
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£881.25
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£10,000
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£2,350
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£2,937.50
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£1,762.50
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To establish if you qualify – simply complete our endowment claim questionnaire.
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Take the test
Our easy to use form will soon let you know whether we are able to represent your endowment claim.
Click here to take our test
Lloyds TSB plc has allocated a further £110 million to compensate endowment policyholders. This is in addition to the £250 million which was set aside to pay compensation in 2003.
Lloyds TSB plc to impose a time bar on endowment policyholders that were mis-sold their policies in order to prevent them from making a claim
Reported in the Daily Telegraph December 2004
Mortgage endowment policyholders are collectively going to face a shortfall estimated at £ 40 billion
The average amount of compensation where a policy has been mis-sold is estimated to be £3,000
Source ABI (The Association of British Insurers) 2006
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