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

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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

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

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.

We only reject petitions that don’t meet the petition standards.

Date submitted 8 September 2012
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