A whole of life policy is a life insurance policy designed to pay out an amount at certain times of your life, some policies will cover you up to a child reaching the age of 21, and some cover you up till you die.
Your pay monthly premiums on a re-viewable or non-re-viewable basis depending on the type of policy you choose, some Whole of Life's are investment linked and the amount you are covered for is dependent on the investment or Stock market.
Whole of Life policies were sold to clients who were interested in life insurance or a short term savings plan but were sold this as a hybrid of the two.
You may have been mis-sold a whole of life policy if any of the following statements are relevant to you:
If your claim is successful you may be entitled to one of the following forms of compensation.
If you should have been sold a life insurance policy - A reconstruction of your Whole of Life policy to a different life insurance and a refund of the higher premiums you have paid, plus an additional 8% Per Annum Interest on the Compensation.
If you should have been sold just a savings account - A Refund of the Life Assurance premiums, plus 8% Per Annum Interest on the Compensation.
If you shouldn't have been sold a policy at all - A Full refund of all the premiums you have paid plus 8% Per Annum Interest on the Compensation.
My Claim Solved is regulated by the claims management regulator in respect of regulated claims activity, we operate a "no win, no fee service*" and charge no hidden fees for using our service.
We have successfully secured over £25 Million of compensation for our clients.
We have secured compensation amounts from as little as £1 to as much as £118,000.
We have a team of dedicated and trained claims handlers specialising in these claims, they put you first and fight your corner to secure you the compensation you are entitled to.
We are one of the leading claims management companies in the UK, we have strong relationships with a number of the biggest providers.
*A fee may be payable if a case is not pursued at the clients request once the claim has been processed by the Company.