Z
ziggy dyer
Guest
I have had a Redundancy Protection Policy to cover my mortgage with Assurant for nearly 3 years now. Last month I received a letter from them stating that they were going to change the policy conditions in order that they could terminate the policy within 30 days. Of course 30 days later I get a letter terminating the policy and stating that they are recommending I move to another insurer.
Unfortunately I was made redundant last year and was unemployed for 6 months. They did cover my mortgage during this time. I have managed to find temporary employment but it is on a week to week basis. No other company will insure me against unemployment because of this and I feel I am unfairly prejudiced. I don't see how an insurance company can change their contract and policy conditions like that.
Does anyone have any similar experience or know what I can do?
Unfortunately I was made redundant last year and was unemployed for 6 months. They did cover my mortgage during this time. I have managed to find temporary employment but it is on a week to week basis. No other company will insure me against unemployment because of this and I feel I am unfairly prejudiced. I don't see how an insurance company can change their contract and policy conditions like that.
Does anyone have any similar experience or know what I can do?