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jamcatella

LLOYDS - reclaim business insurance

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Hi

I have had in the past 2 business loans with insurance, but feel the insurance was missold - it did not cover any redundancy / insolvency of the company - so when needed only then did I realise I could not claim. It did cover accident and life insurance - however lloyds also sold me a life insurance policy through scottish widows - more than enough cover to cover the business loan and more.

I have looked through what paperwork and they seem to lend you the money on the loan to pay their insurnace arm, so the insurance isnt directly added to the loan.

I am in the middle of waiting for all info to be sent to me after my SAR.

Has anyone been successful in claiming against lloyds?

Any info gratefully received

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