HELP... Was I mis-sold ???

carlosthejacket

Now i dont know whether to pursue my claim and hold out for the cost of the policy which is around £460 +8%, or take my money and run with it being so near christmas etc.. Does anybody know whether i have a chance of getting the money or would i be jeapordising my existing refund offer?? please help

Orford

Ther's nothing to prevent you accepting the existing offer and the pursuing the other separately.

You say this was for the purchase of a truck. Are you sure this agreement was with HSBC, rather than a finance company. If so, then you mi-selling claim should be with the finance company

bengal-stripe

carlosthejacket wrote: »

....buy a truck solely for my business and on the acknowledgment slip it says my cover includes unemployment, disability and life cover. surely the majority of my premium would be to pay for unemployment cover as there would be more chance of this happening to somebody than the other two. but why would they sell this policy to somebody starting up in business, obviously being self-employed.

No person who is employed, will ever buy or own a truck.
If you're employed as a driver somewhere, you will be provided with a vehicle.
If you come with your own truck, you will be a contractor, a freelancer.
As a contactor you have jobs but not full-time employment.

As a truck owner, the likelihood to become unemployed (with a P45) is zilch.

But for any self-employed person, the possibility that s/he can no longer carry on
with the business due to an accident (or death) are greatly increased.

betty_boop_48

My husband has just discovered he has been paying ppi on a capital one credit card since 2002 card was taken out in 2001!!! We had no idea we were paying this until we had a document sent through outlining basic benefits of ppi cover!!! Our employment status said unknown surely had we entered into this this would be information they should have to see if policy was suitable!!! My husband has been self employed for 15 years so nothing has changed! I called capital one who told me to write a letter, when i asked why if we agreed to ppi they had unknown on employment status they said they were updating records! my husband had a heart attack last december surely if we had know we would have claimed as we did on our main critical illness policy. Could anyone help me put this information into a letter please or any other advice would be most welcome. Thank-u

betty_boop_48

My husband has just discovered he has been paying ppi on a capital one credit card since 2002 card was taken out in 2001!!! We had no idea we were paying this until we had a document sent through outlining basic benefits of ppi cover!!! Our employment status said unknown surely had we entered into this this would be information they should have to see if policy was suitable!!! My husband has been self employed for 15 years so nothing has changed! I called capital one who told me to write a letter, when i asked why if we agreed to ppi they had unknown on employment status they said they were updating records! my husband had a heart attack last december surely if we had know we would have claimed as we did on our main critical illness policy. Could anyone help me put this information into a letter please or any other advice would be most welcome. Thank-u

amersall

Just put what you have said here, your hubby self employed, had heart attack but did not claim as he did not know that he had it.

Fill the form in here
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step3
send it to capital one.


PPI Complaints
Executive Office
Capital One (Europe) plc
PO Box 5281
Nottingham
NG2 3HX

betty_boop_48

Thank-u for your quick reply Amersall!!!! I was concerned as i know they offer limited self employed cover but still doesn’t change we didn’t know! I’ve heard Capitol one are very hard to claim from!!

amersall

They are, send the claim in and see what they say, good luck.

betty_boop_48

Thanks again.......letter will be in the post in the morning!!!:beer: