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A friend of mine recently took out some insurance with Octagon Group. As he didn't have fund in his account I allowed him to use my account to set up a direct debit and he would then repay me each month.

 

Since then, he has moved to Australia and cancelled his insurance policy. I am now receiving letters saying I am liable to pay the outstanding balance, which was left over from the early settlement.

 

Am I liable for these repayments or do they have to contact the policy holder for the repayments?

 

Thanks.

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