August 18, 2008 at 12:00 am
· Filed under Insurance
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In the UK many people were advised to get an endowment policy for their mortgage. It was common practice, if you were going to buy a house and needed a mortgage you would get an endowment policy to run alongside the mortgage. Every one accepted this practice and many people went for these endowment mortgages rather than straight forward repayment mortgages. Whilst this worked fine for many years a recent period in the UK of poor performing policies and dips in the stock market has meant that many peoples endowments have not realised there full value.
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August 18, 2008 at 12:00 am
· Filed under Insurance
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People are all the time trying to defraud insurance companies one way or another. You usually hear the most about car accidents and injuries that occur from them. People hire lawyers and do their best to get as much money in a settlement as possible. While this can be a wise thing since insurance companies will only settle with you once, it is another to try and get money from them that you really do not deserve.
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