Findel has increased the amount of money it set aside to pay back customers who were sold insurance with little or no value by its subsidiary Express Gift . The insurance products , known as " Property Insurance " and " Consumer Protection Insurance " , covered against accidental damage and theft for all items purchased from Express Gifts ' Ace or Ace brands . Findel initially allocated £ 11.3 m ( $ 14.1 ##m ) for the insurance , but has raised this figure to £ 29 m .
Findel has increased the amount of money it set aside to pay back customers who were sold insurance with little or no value by its subsidiary Express Gifts. The insurance products, known as "Property Insurance" and "Purchase Protection Insurance", covered against accidental damage and theft for all items purchased from Express Gifts' Ace or Studio brands. Findel initially allocated £11.3m ($14.1m) for the repayments, but has raised this figure to £29m.