I've received paperwork from Black Horse for an old loan paid off in 2004 and included is a lump sum added to the £4.5k loan of £403 and the policy is described as 'Life.'

Now would I be correct in thinking this would only have covered the loan repayment on my death and for nothing else, such as unemployment cover?

Does anybody have the details of this cover?

I was told I had to have this cover despite having life cover with my job at the time-so it would never have paid out anyway!

SWINDLERS!

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