We can get you compensation to pay back the money you lost and put you in the position you would be in if you had been given the correct financial advice.
Free, no obligation call
to discuss your options.
Not everyone is sure what type of policy they were sold. Don’t worry, you are not alone. We take calls from people everyday in the same situation. Here at It IS Your Money we are able to find out what policy you were sold, as long as we know the provider.
Do not worry if this is you, we are able to track back through financial records and find out all the details we need to get you the compensation you deserve. Having your policy numbers will help, but we are also able to track these for you if this information is not in your possession as you may have cashed in the policy some time ago.
All we need to know is who you took the policy out with, more information can help, but as long as you know the provider, we can do the rest for you.
A personal service with the same claims manager looking after you throughout the claims process
A No Win No Fee Service*
A service where we aim to have the claim settled within 8 weeks†
Regardless of whether your whole of life policy is still in force, if you have suffered financially because of the policy, you can make a complaint.
As long as your policy was taken out after August 1988 then it is covered under the FSCS (Financial Services Compensation Scheme). This is a government body set up to deal with financial claims for providers regulated by the FCA that have ceased trading and have been declared in default.
†Once your whole of life provider has received the complaint, they must conform to the 8 week timescales set out by the Financial Conduct Authority to bring your case to conclusion. If you do not have the account number or they reject the complaint the process can take considerably longer.
Many people decide to try and complain about their whole of life policy on their own to then find it is much more difficult than they expected and their complaint is rejected. Once a complaint has been made, it is rare that a company will allow that complaint to made again by an expert. It may be possible for an expert to refer the case to the Financial Ombudsman Service within six months but this could add years to the process.