i took out a life policy some years ago when taking out a mortgage, the woman basically said no liofe cover no mortgage, and as i wanted the mortgage i agreed to it. she told me the £25k life cover would remain at £25k when the policy matured. since then i have sold the house back in 2004 but kept the policy on thinking it would still be beneficial. i have now bought another house back in 2006 and have life cover on that, but that was my choice and i no it decreases each year.

i have now discovered the first policy i bought was decreasing and is now only worth £8k, so i have been paying for something i dont need nor did want in the first place. i have weritten to the company and complained but they basically said tough and it was up to me to cancel the policy and will not no premiums paid back, but i was not complaining that i hadnt cancelled it and claim back premiums, i was complainming that i felt i was missold it, they have now passed it on to the sales team who will look to see if i have a claim for missold, just wondered if anyone had any advice or thoughts, thanks