I have received (after many requests) a copy of the M.I.G terms & conditions. The policy is signed only on behalf of the insurance company and is dated 4 years previous to when I took out the policy. Is it possible that these terms & conditions are the up to date version for that time or are they trying to pull a fast one ? I took out the policy in 92 and the policy is dated 88.(posted 8008 days ago)Also, not sure if I can fight the case of wrongly sold this policy but it does state, quote ' the Mortgagor shall have failed to make any payment due to the Insured under the Mortgage, then the Insurer will pay the Shortfall up to but not exeeding twice the Amount of the Indemnity' there is nothing to say that in the event of a payout they can pursue me for the monies paid.
any advice of anything else I should look for within this policy which may help me would be greatly received.
Many thanks Jessie