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insurance companys should have to pay back at least 70% of premiums if the policy holder has no claim

Submitted on Saturday 8th September 2012

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

insurance companys should have to pay back at least 70% of premiums if the policy holder has no claim

Additional Information

insurance company should have to pay back at least 70% of policy if policy holder has no claim over the period of the policy. they take money on a what if they then invest our money in stock&shares and make money from it they they put our premiums up the following year and the government watches idly by n watches more and more people struggle


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This petition was rejected

The Government e-Petitions Team gave the following reason:

This is a matter for the insurance industry. If you are petitioning for the Government to regulate the insurance industry in this way, this should be made clear.

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