RE: Dividends?22 Nov 2020 21:53
Well obviously if they fitted the bill all well and good. I was a branch manager with Lloyds and was a Chartered Financial Planner subsequently.. Of course I did numerous PHI policies and I recall one widow being delighted after she was widowed when Legal & General paid his life insurance under 14 days. A neighbour said as it was re-broked it would not pay. Sadly many of the ones taken out through Lloyds (not straight life cover) were bogus; hence the PPI problem. Not over yet there are still numerous claims incomplete and then there is the undisclosed commission. Long way to go yet.