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Yes it is and it covers all previous contracts with a single company. With regard to the legislation, the qualifiers to purchase the insurance from Qdos are insufficient to guarantee actual representation... i.e. they are very happy to take your money. Whether they will actually represent you is...
TLC35 Policy
TLC35 Policy
If you're wondering if Qdos would ever pay out - it's worth actually reading the policy document you get for the insurance. The policy is "paperless" which means it's up to you to download the policy as a pdf.
Now I work in insurance - and it's the insurer's bread...