PPI Reclaiming Discussion part 4

Dellboy_3

Just phoned egg and there saying its gone for calculations should take 2 weeks

what should i do ???

marshallka

Dellboy wrote: »

Just phoned egg and there saying its gone for calculations should take 2 weeks

what should i do ???

That sounds to me like you have actually won then if its gone for calculations.

If this is true then I would wait.

barloo69

Morning all!!! Have we all seen the BBC website this morning. Could be the opening of a new way !!! Thank you Mr Judge

http://news.bbc.co.uk/1/hi/business/8282264.stm

barloo69

Ah it would seem most of you already knew this yesterday!! Gotta stop getting my news by carrier pigeon !!! :-)

pinknico

Carrier pigeons are popular this week, the FSCS and Deloitte use them!

di3004

marshallka wrote: »

Di, you could look back at the posts perhaps. I have no idea of this one.

Are you passing it back to FOS then?

Hi Marshallka and thanks.;)

I really do not know what to do on this, it was hubby that suggested it, but have that feeling it will be a waste of time, what do you think?
Ta X

dialysis

pinknico wrote: »

Carrier pigeons are popular this week, the FSCS and Deloitte use them!

lol:rotfl::rotfl::rotfl::rotfl: boy I hope they are reading this

flynn65

Hi. Can anyone help with some advice?
Today received a letter from my insurance ( GE Money Home Lending) associated with my loan, stating that my plan ends on 29/10/09 at the end of the five year term, and they will not be able to offer any further cover.
I have also been made redundant recently so
Q1 - Should I claim on the insurance or start the complaints process (or can I do both)
Q2 - If I do claim before the end of the policy and cannot find immediate employment how long should I expect to get the payments?

Any help would be appreciated before I complete the claims form

di3004

flynn65 wrote: »

Hi. Can anyone help with some advice?
Today received a letter from my insurance ( GE Money Home Lending) associated with my loan, stating that my plan ends on 29/10/09 at the end of the five year term, and they will not be able to offer any further cover.
I have also been made redundant recently so
Q1 - Should I claim on the insurance or start the complaints process (or can I do both)
Q2 - If I do claim before the end of the policy and cannot find immediate employment how long should I expect to get the payments?

Any help would be appreciated before I complete the claims form

Hello and welcome.;)

Hopefully someone else will post and give their opinions on this as well, but I take it then you still have a loan to protect, but the cover now is coming to an end this month?
So then you will not be protected after that.

May I ask if you have already tried making a claim on this since being made redundant? (sorry to hear about this anyway).

If you have not made a successful reclaim, do you know as well apart from the reason of this only protecting you for 5 years, if you were mis sold this from when this was first sold to you?

I would personally (if you have never made a successful claim) write to complain on this, because of the reasons you have posted above, as you will not be protected after next month anyway.

(Are you aware as well to protect your finance, there are stand alone cheaper options, you can purchase)?

For more information, please check this link below and if you require help from them, please do post up, we will try to help you through this all we can.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

flynn65

Di3004
Many thanks

I have never made a claim on the policy or in fact never even thought about it until I was made redundant.
I was under the impression that the cover was for the life of the policy, and only find out today that I have only got a months cover left.

I think I will reply to the letter asking why it is not as I thought for the duration of the loan,. I do remember something from the sales man about the loan should only take about 5 years to pay off , which may be mis representation.

Thanks