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  • FIRST POST
    • Wizard of Id
    • By Wizard of Id 4th Oct 17, 8:57 PM
    • 2,390Posts
    • 9,537Thanks
    Wizard of Id
    Mortgage Protection Insurance from Bennett Gould
    • #1
    • 4th Oct 17, 8:57 PM
    Mortgage Protection Insurance from Bennett Gould 4th Oct 17 at 8:57 PM
    I took a stand alone policy from Bennett Gould partners in 1992 and because I sought it out myself, I have never thought of it as being missold and thus never even considered trying to make a claim.
    A friend has said that I should make a claim anyway but I am reluctant so I thought I would ask on here first in the hope that one of you nice people will set my mind at ease that I have done the right thing by not doing anything.
    I am of the opinion that any claim would be time barred anyway as the policy was taken out 25 years ago added to the fact that I bought it rather than was sold it.
    Every man is innocent until proven broke.
    Cryin won't help you, prayin won't do you no good.

    Walk 2000 3000 miles in 2017 - 3189.5
    This week 56.1
Page 1
    • zx81
    • By zx81 4th Oct 17, 9:08 PM
    • 14,331 Posts
    • 15,095 Thanks
    zx81
    • #2
    • 4th Oct 17, 9:08 PM
    • #2
    • 4th Oct 17, 9:08 PM
    No one sold it to you so no one could have mis sold it to you.

    Is your friend ok?
    • IAmWales
    • By IAmWales 4th Oct 17, 9:08 PM
    • 1,812 Posts
    • 3,767 Thanks
    IAmWales
    • #3
    • 4th Oct 17, 9:08 PM
    • #3
    • 4th Oct 17, 9:08 PM
    You've done the right thing by not claiming. Having MPPI is generally a responsible thing.

    Your friend is a chancer!
    • -taff
    • By -taff 4th Oct 17, 9:20 PM
    • 7,161 Posts
    • 5,159 Thanks
    -taff
    • #4
    • 4th Oct 17, 9:20 PM
    • #4
    • 4th Oct 17, 9:20 PM
    You are right, your friend is wrong. You cannot be missold a policy you bought yourself.
    Unless you want to complain to yourself that is.....
    • dunstonh
    • By dunstonh 4th Oct 17, 9:28 PM
    • 89,840 Posts
    • 56,490 Thanks
    dunstonh
    • #5
    • 4th Oct 17, 9:28 PM
    • #5
    • 4th Oct 17, 9:28 PM
    I took a stand alone policy from Bennett Gould partners in 1992 and because I sought it out myself, I have never thought of it as being missold and thus never even considered trying to make a claim.
    Which is totally correct.

    A friend has said that I should make a claim anyway but I am reluctant so I thought I would ask on here first in the hope that one of you nice people will set my mind at ease that I have done the right thing by not doing anything.
    And who does your friend suggest you complain to? You cant complain to the insurer as they didnt sell it to you. You cant complain to the broker as they didnt sell it to you. So, ask your friend who they think missold the policy

    I am of the opinion that any claim would be time barred anyway as the policy was taken out 25 years ago added to the fact that I bought it rather than was sold it.
    its not timebarred. However, it wasnt sold to you. You bought it. So, you cant complain it was missold. However, even if it was sold to you, most standalone regular premium plan complaints fail (as that is how PPI should be set up). Plus, it is pre-regulation.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • Wizard of Id
    • By Wizard of Id 5th Oct 17, 2:57 PM
    • 2,390 Posts
    • 9,537 Thanks
    Wizard of Id
    • #6
    • 5th Oct 17, 2:57 PM
    • #6
    • 5th Oct 17, 2:57 PM
    Thanks guys you have confirmed what I had been thinking myself.
    Every man is innocent until proven broke.
    Cryin won't help you, prayin won't do you no good.

    Walk 2000 3000 miles in 2017 - 3189.5
    This week 56.1
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