A recent FOS decision has raised the stakes on payouts for mis-sold MPPI products; explains Richard Walsh.
The decision was about MPPI sold to the self-employed and how much compensation should be paid. The link can be found HERE: Sesame MPPI FOS judgement The company argued that because the mis-selling only applied to the unemployment aspect of the policy only the proportion of premiums related to that element of the policy should be refunded. But Ombudsman Caroline Stirling said: "I'm not persuaded Mr and Mrs M would have bought this policy at all if the restrictive terms for self-employed...
Advisers are the key to unlocking enhanced interaction with policyholders
Which insurance providers have been nominated for the COVER Excellence Awards 2018?
1,000-strong consultancy signs up to group risk trade body
Health check offer worth £184 available to new Bupa By You policyholders until 31 July 2018