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Endowment misselling occured widely in the last twenty or so years, The Association of British Insurers now predicts that nearly 70% of endowment policies will suffer a shortfall. Typical Examples of an Endowment Misselling
With many millions of people affected by this scandal, the insurance companies have been instructed to write to policyholders and explain the amount of the shortfall and the various actions they can take. Policyholders have been shocked to discover that there will be a shortfall because the investment risks were not explained at the time the policy was sold. Where these risks where not explained they will fall into the bracket of misselling endowments and may be entitled to compensation for this. You have three years from the date of your first warning letter to make your complaint. You can be time barred from making a claim after the three years have expired. If you have already complained and failed complete our questionnaire as we may be able to take your case to the Financial Services Ombudsman and represent you in this matter.
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