PPI mis sold?

piglet25

Hi, this is my first time here so please be kind! my partner is a nurse, he had a loan from Natwest with PPI. I have since heard that PPI is useless for nurses, hcas ect as it does not cover back injuries, which is the main reason for a nurse to be off sick. The loan was paid off as he took out another one, this time without the PPI, just wondering if he can claim he was mis sold the PPI as they knew what his employment was and never told him about back problems being excluded?

di3004

piglet25 wrote: »

Hi, this is my first time here so please be kind! my partner is a nurse, he had a loan from Natwest with PPI. I have since heard that PPI is useless for nurses, hcas ect as it does not cover back injuries, which is the main reason for a nurse to be off sick. The loan was paid off as he took out another one, this time without the PPI, just wondering if he can claim he was mis sold the PPI as they knew what his employment was and never told him about back problems being excluded?

Hi and welcome

And yes he can.
I worked for the NHS a long time ago and to what I can remember I had protection with them.
I assume they also added the PPI to your partners loan without giving him the option as well.
Give it a go and keep on at them until they issue with a final response, if your not happy by the time they issue the final decision you may be able to take it to the financial ombudsman service (FOS), for them to investigate.

More details on the link below - the guidelines of reclaiming, check this through, there are also template letters, a checklist of other mis selling reasons, write what applies to your partner and they have 8 weeks in full to respond, post letters by recorded delivery, this is your proof of posting.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

Good luck, please keep us posted and ask for help anytime.;)

dunstonh

I have since heard that PPI is useless for nurses, hcas ect as it does not cover back injuries, which is the main reason for a nurse to be off sick.

That doesnt make it useless as it covers other areas as well as unemployment. Also, not all plans will have the same exclusions. You have to know what yours does or does not do.

just wondering if he can claim he was mis sold the PPI as they knew what his employment was and never told him about back problems being excluded?

is it actually excluded or are you guessing it is?

By itself, even if it is excluded, that is a bit weak as a reason. It may be enough but you are really hoping for a lucky response on that one with just that reason. Are there any other reasons why you think it was mis-sold?

piglet25

He wasn't given an option, it was a case of sign here and you'll get the cash, when we went to pay off the loan I spotted it on the screen at the bank and he hadn't been aware he was paying it, the total ppi he had paid was approx £5000 and the bank clerk couldn't shut the screen fast enough. I asked if he needed it for the new loan he was having and she said no because he wouldn't be covered because of his job.

dunstonh

He should add the comment that he wasnt given a choice to not have the PPI to his complaint. Again, may not be enough by itself as its his word vs theirs but when used in conjunction with other reasons, it just firms it up a bit.