Endowments Misselling
Endowments misselling was a common occurrence in the Eighties and Nineties and did not attract the regulators attention until the guarantee was taken away. People bought into endowment policies because they were led to believe by an advisor that it was the best and most popular way to pay off their mortgage. In many cases this was not true.
Many People are surprised when they are told their endowment policy is linked to a fund investing in the stock market. Most people cannot afford to be taking such a risk when it comes to paying off their mortgage. Despite the risk people continued to invest in endowment policies.
With the downturn in the stock market, endowment policies have dropped considerably in value.
You maybe a victim of endowments misselling and considering surrendering your endowment policy. If you think you have been poorly advised about you endowment policy please follow this link to our form
However, you can fill out our online form and we'll submit your endowment policy details to the leading endowment policy buyer who could help you get up to 35% more than its current surrender value.as well as pursuing a compensation claim at the same time just fill in the form by following this link then come back to the endowments misselling section to start your claim.
Currently many endowment mortgages are expected to fall short
of the target amount to pay off the mortgage mainly due to
endowments misselling.
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