Mortgage Protection - A new con???

Butterfly_Brain

My friend was made redundant in November and because she and her husband have a joint mortgage she decided to claim her half on mortgage protection.
Nat West who they have their account with, have now demanded that she sends them all her job applications and any interviews that she has had or they will stop paying out.
It is bad enough having to claim job seekers allowance and have to supply a snot nosed little twerp with that sort of information.
Has anyone else had problems with their mortgage protection?

stephenni1971

It is bad enough having to claim job seekers allowance and have to supply a snot nosed little twerp with that sort of information.

And you base this statement on what exactly?

Do you think that if you have a mortgage protection policy and you need to claim, all you do is call up and they send a cheque to your front door every month without any sort of checking at all?

One of the conditions of the policy will be to be able to prove that you are actively seeking work, and registered on JSA. To me thats reasonable enough.

Spouting off nonsense like your comment above won't get you anywhere...

Butterfly_Brain

I certainly have not got it written in my policy, ergo they would have a fight with me but thankfully my mortgage has only a few more years to run! - do insurance companies think that everyone is crooked - well of course they do , they are quite happy to rake the cash in every month, but when it comes to paying out they always find an excuse.

stephenni1971

Theres no problem if you have nothing to hide.

Have you any idea how much fraudulent claims cost the industry each year?

The insurance company can hardly be unreasonable if, when paying out a monthly sum for cover whilst unemployed, they want to be sure that the insured is actively looking for work.

I for one am happy that without the checks the IC'c do , the premiums on MY policies would all be more expensive to cover those who would commit fraud.

pedro123456

“Have you any idea how much fraudulent claims cost the industry each year?"

Yep………nowhere near as much as cash insurance company’s skank off ppl in the first place,

wow..............all that fraud........and they still make millions year in year out.

ps, insurance companies aint unreasonable they are down right criminals the ought to be locked up the lot of um.

What’s worse is that us daft idiots keep lining their pockets, they are taking the mickey and we accept it.

Pete

_Andy_

Duplicate of

http://forums.moneysavingexpert.com/showthread.html?t=1679585

dunstonh

Seems like a totally fair request by the insurer. It should only upset you if you are making a fraudulent claim.

If you are unemployed then its not as if you dont have the time to supply it.

Wutang_2

pedro123456 wrote: »

“Have you any idea how much fraudulent claims cost the industry each year?"

Yep………nowhere near as much as cash insurance company’s skank off ppl in the first place,

wow..............all that fraud........and they still make millions year in year out.

ps, insurance companies aint unreasonable they are down right criminals the ought to be locked up the lot of um.

What’s worse is that us daft idiots keep lining their pockets, they are taking the mickey and we accept it.

Pete

Is this a joke?? as it is quite funny!

Are you mates with Butterfly Brain?

pedro123456

lol.............dont knowher/him from Adam, whats it to you anyway?
If you dont agree with what i have said, just say why and then I'll explain why you are wrong......easy init?

Glad you found it funny though keep smiling ;-)

Pete