Burgesses’ highlights bad practice
MORTGAGE INTRODUCER - 22ND FEBRUARY 2003
Insurance broker Burgesses estimates that mis-leading selling techniques from lenders on personal loan insurance are netting over £10million in premiums a day.
Only nine of the top 20 lenders asked a Burgesses mystery caller if the customer wanted a quote with or without insurance.
Insurance watchdog the GISC is said to be “extremely concerned.”
