Insurance Payment Dispute Resolution
Summary
In England, insurance companies must clearly disclose payment terms, including any credit agreements. If your insurance premium was financed, details should be in the Payment Terms or Premium Payment section of your policy. If these terms were not properly disclosed, you may have grounds to dispute the remaining balance. Review your original contract for clarity, and consider contacting your insurer for further assistance. If necessary, you can file a complaint with the appropriate regulatory body.Full Conversation
It is the remaining balance , they said I agreed to take out a loan and pay it back monthly - should they have advised me of this when offered from the third party
It sounds like the remaining balance is part of a financing agreement for your insurance premium. In England, insurers should provide clear information about payment terms, including any credit agreements. You may want to review your original contract or agreement to see if this was properly disclosed. If it wasn't, you might have grounds to dispute the charge. Would you like more information on how to proceed with a complaint?
Where will I find this in my insurance policy
You'll typically find details about payment terms and any financing agreements in the "Payment Terms" or "Premium Payment" section of your insurance policy. Look for mentions of credit agreements or financing terms. If it's not clear, consider contacting your insurer for clarification or assistance.