Allied Dunbar Endowment
Allied Dunbar Endowment
If you have an Allied Dunbar Endowment and you think you were missold it, i.e. the risks were not fully explained to you when you took the policy out; you could be eligible to make an endowment complaint.
The Financial Services Authority estimates that millions of people were missold endowments in the 1980s and 1990s, which means they were, more often unintentionally, misled by their insurance company into thinking that the endowment was guaranteed to pay off their mortgage, but, despite that, there are still around 700,000 people who have done nothing about their endowment shortfall,
In 2004, the FSA fined Allied Dunbar £725,000 for "serious flaws contained in its procedures for handling mortgage endowment complaints". If you bought an Allied Dunbar endowment policy without knowing the risks involved, our endowment misselling service can help you find out if you have been a victim of endowment misselling. The service is provided on a no win no fee basis to help you win your case by:
- Acquiring the correct records
- Assessing the value of your claim
- Communicating with your endowment provider and the FSA
- Negotiating the best deal and chasing the payment
If you think you were missold your Allied Dunbar endowment, make an endowment complaint by filling out our endowment complaint enquiry form, and you will be put in touch with an endowment compliant specialist who will be able to advise you on whether you are eligible to make a claim.