quote:
Originally posted by Chris7
Well it happens in the UK too, although I accept that the distance makes things harder. In the UK your choice would depend on whether the agent is still trading. If they've gone bust you can probably kiss the premium goodbye but the the authorities would want to investigate the circumstances as there may have been a fraud (agents are supposed to hold funds which they collect on behalf of others in a client account).
If they are still trading I don't think we have the full picture. From your post, the agent doesn't seem to dispute any of the facts you outline. If it is a mix up, it's a big one, and they should be falling over themselves to give a refund (and thanking the lord that you didn't have a claim whilst off-cover). If it isn't a mix up and the underwriters didn't write the cover because the agent didn't instruct them, then it's fairly sure to be a federal offence!
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