Understanding these settlement letter examples will help you win your personal injury claim and get fair compensation. Endowment compensation letter This is Money. By. This Is Money. Updated. 1. 5 5. GMT, 1. January 2. Our endowment compensation letter template may help you claw back money on your under performing endowment policy. If you were mis sold an endowment, you may be able to get compensation. Read our endowment compensation guide. The basics are that if you have an endowment problem that can be traced back to unsuitable advice or maladministration, you should be able to get redress. You cant complain about how your endowment has performed but you can complain about how it was sold. The central points are whether the product was suitable for you at the time, whether you understood what you were buying and the risk you were taking. Writing a cover letter is tough, but it doesnt have to be. Our cover letter templates lay the groundwork and let you customize by style and industry. Hotel No Show Letter Template' title='Hotel No Show Letter Template' />You may have grounds for complaint if. The salesman did not explain it was a share based investment and that the pay out was not guaranteed. You were sold the policy on the understanding that it would definitely pay off the mortgage and provide a surplus, but instead it is forecast to fall short. You were single and did not require the life assurance element of the endowment and the salesman failed to make it clear you were paying for life assurance OR you already had sufficient life cover for your mortgage and did not require more. The endowment matures after your retirement date and the salesman failed to make this clear to you or told you that the policy would be worth enough at retirement to pay off your mortgage. Or if the salesman failed to conduct a proper fact find to discover whether you would have sufficient income in retirement to meet the mortgage and endowment payments. The salesman persuaded you to cash in one endowment and take out another. First, complain to the firm that sold you the endowment policy. This may be a financial adviser, the endowment company or your mortgage lender. Check with the endowment company if you are not sure who you should complain to as they would have the details. Firms must have a proper complaints procedure and tell you how to use it. Try to find all the paperwork and any notes you made at the time. You are entitled to copies of the sales paperwork from the firm that sold you the endowment policy. The firm may respond with an endowment questionnaire, fill this is and return it. The company should then respond to your complaint, if you are unhappy with their response, you can complain to the Financial Ombudsman Service. For more information see the endowment compensation guide. Cut and paste the letter below into a Word document on your own computer and fill in the missing details. Dear SirMadam. RE Complaint concerning advice received on endowment mortgage. The Hotel Chelsea also called the Chelsea Hotel, or simply the Chelsea is a historic New York City hotel and landmark built between 18, known. Reclaiming payment protection insurance PPI can be a quick and easy process. Use our template letter to send to your financial provider to get your money back. Use this letter template for essential guidance on what to say if you want to complain about a missold endowment. Hotel No Show Letter Template' title='Hotel No Show Letter Template' />Endowment policy number Enter number. Mortgage reference number Enter number. I am writing to you to make a complaint about the way I was sold my mortgage endowment policy. I believe, for the reasons set out below, that I was mis sold this policy and I would like you to investigate. I would also like you to send me a copy of my endowment account. An adviser in your company sold me a Enter endowment name endowment policy in Enter date with a target of enter amount. The reasons I am complaining are as follows. Enter the relevant entry see options above. I would be grateful if you could reply to this letter within 1. Responsive Writing here. Yours faithfully. Your name and phone number.