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Loan protection insurance came under fire in 2005 when the Financial Services Authority began an investigation into the sector following a super complaint made to the Office of Fair Trading by the Citizens Advice. It was revealed that many changes needed to be made to the way the product was sold and although some positive … Read more
Despite the bad name that mortgage insurance has earned itself over the last few years it can still be a very worthwhile product to have to fall back on if you should find yourself out of work after suffering from an accident, an illness or if you should be made unemployed by losing your job … Read more
There are around 20 million loan insurance and mortgage insurance policies in the UK and it is thought that around half of these could have been mis-sold. The mis-selling scandal came to the public’s attention in 2005 when it both the Office of Fair Trading and the Financial Services Authority started investigations in to the … Read more