PPI Reclaiming Discussion part 4

amersall

kar999 wrote: »

Just one puzzling question…. In general does submitting a claim automatically mean that the policy will be cancelled?
I’m concerned that Martin’s guide says

“Reclaiming almost certainly means that your insurance will be cancelled, as you are effectively saying it is not suitable to your needs, so only start the process if you definitely want your insurance to come to an end.”

My mortgage PPI policy would only pay out for a maximum of 12 months which would only be £181 x 12 = £2172. The premiums I have already paid exceed this amount but if the claim failed in theory, I might be glad of this if I was out of work for a whole 12 months. Although as my post above indicates, if I keep finding temporary work I’m likely to get nothing from the policy.
http://forums.moneysavingexpert.com/showpost.html?p=34910107&postcount=12130

Hi there, if you win mis sell the ppi is cancelled, if you dont there is no reason for it to be cancelled, unless you cancel, just put your mis sell in and wait and see.Good luck with this and keep us posted x

di3004

DoingItAlone wrote: »

confused

Section A - policy number of Payment Protection Insurance - I have the loan number. Is that ok?

Section C/1 - What was the account number for this... I have put my Halifax bank number, Is that OK?

So I put the same number in both?

Thanks very much for your super fast responses folks. Appreciated!

Your very welcome and good luck.:);)

amersall

Gareth_Darke wrote: »

Thanks amersall and Di for their help today. One more question, will NatWest simply send a cheque or deposit into my current account, or do they have to take it off the loan acconut? I only ask because I would like to settle another debt if at all possible....with the in-laws......:eek:

G

Hi there, not sure with natwest but if your loan is not in arrears (or is finished) then they make the payment direct to you, either cheque or bank transfer.

di3004

Gareth_Darke wrote: »

Thanks amersall and Di for their help today. One more question, will NatWest simply send a cheque or deposit into my current account, or do they have to take it off the loan acconut? I only ask because I would like to settle another debt if at all possible....with the in-laws......:eek:

G

Hi and your welcome.
I would personally write to them and request they senr your refund by cheque if you can, if you no arrears, then you should be entitled to all your refund.
Good luck.:)

di3004

amersall wrote: »

Superfast aint in it :eek: where our di is concerned :A:A she is the resident jack fash :T:T go di :cool::cool: havent heard soz in years
used to say that when i was a little bit younger than i am now:eek:
Nice to have you doing what you do best di :A xx

LMAO, well I just get my moments don't I Jack Flash 2 ?:rotfl::rotfl::rotfl:;)

Yeah me neither "Soz" lol :rotfl: I just came out with it:o:D.

Aww thank you honey, and you too XXX:A:A

amersall

DoingItAlone wrote: »

confused

Section A - policy number of Payment Protection Insurance - I have the loan number. Is that ok?

Section C/1 - What was the account number for this... I have put my Halifax bank number, Is that OK?

So I put the same number in both?

Thanks very much for your super fast responses folks. Appreciated!

Hi there, and you are not "doing it alone":rotfl:
if you dont have ins number use the loan number, and section c/1 is the loan number, not your bank account number.We dont want them getting confused now do we?:D

amersall

Gareth_Darke wrote: »

Thanks amersall and Di for their help today. One more question, will NatWest simply send a cheque or deposit into my current account, or do they have to take it off the loan acconut? I only ask because I would like to settle another debt if at all possible....with the in-laws......:eek:

G

By the way dont thank us too soon :eek: we will pop a bill in the post when you post you have your money :rotfl::rotfl:so dont spend it all at once

DoingItAlone_2

amersall wrote: »

Hi there, and you are not "doing it alone":rotfl:
if you dont have ins number use the loan number, and section c/1 is the loan number, not your bank account number.We dont want them getting confused now do we?:D

Nope, I feel positively supported by you guys here. Really appreciated and I have to say, first site I logged onto this morning was this one, even before emails! Only found it a week ago... great stuff. Thanks very much.

Form completed, ready to be posted tomorrow.

Fingers, toes, knees and eyes crossed!

MoodyBlues

Still haven't had a response to my email to Lloyds re the other card's PPI, despite ccing the CEO... how long have other people waited before getting a reply?

di3004

DoingItAlone wrote: »

Nope, I feel positively supported by you guys here. Really appreciated and I have to say, first site I logged onto this morning was this one, even before emails! Only found it a week ago... great stuff. Thanks very much.

Form completed, ready to be posted tomorrow.

Fingers, toes, knees and eyes crossed!

Thats the spirit.:T:T:j:beer:;)X