We deal with endowment claims on a no win no fee basis and if the complaint is unsuccessful we will not make any charge to you. Our claims are completely risk free and you will not have to fund or pay for any expenses during the course of the endowment compensation claim. Our clients never pay any charges unless the claim is settled successfully. If you would like free settlements advice on the telephone, without obligation, just complete the contact form.
We are a founding member of the Claims Standards Council which is independent from the claims industry and seeks to ensure that that its members deal with consumers on the basis of decency, probity and fairness by :-
- vetting individuals and organisations seeking membership
- compliance with a transparent, thorough, end-to-end process for handing claims
- operating independent complaints and discipline arrangements
The Financial Service Authority guidelines only allow victims of misselling to make a claim within three years of receiving a ‘Red’ letter warning them of a projected shortfall. If they do not act within this time limit, victims are precluded from making a complaint and will never receive any compensation for their losses. It is important to move swiftly when you have received a ‘Red’ letter and have decided to make a claim. Compensation settlements that may be awarded do not depend on how well your policy is currently performing, but rather on the long-term balance of the investment. Of over 6 million relevant policies in existence at this time it is estimated that about 5 million will not achieve the amount anticipated at inception and a large percentage of then will not even return the amount of the invested premiums.
The initial stage of an endowment claims settlement is to make a form application to the insurance company however those people who have their complaint rejected by the provider tend not to take their problem further, as they are entitled to do, by seeking an order from the Financial Ombudsman Service, which saves the insurance companies millions of pounds every year. These companies are content with the likelihood of misselling complaints being rejected or expiring before they have been properly dealt with and as such are failing to look after the interest of their customers whose damages entitlement remains unclaimed in most cases. Recent Government proposals to stop financial firms from rejecting so many legitimate claims is an unprecedented move leading towards thousands of pounds worth of further compensation being awarded.
