We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
loans.co.uk
sapman17
Posts: 76 Forumite
just found out i had a protection insurance with a loan from 2005 which I paid up in 2007 the insurance only ran out on 5thaug 2010.
and have been made redundant 4 times since then the reason I found it was still running was an ending letter from cardiff pinnacle so when I call cardiff they tell me I can't claim for my time in hospital and policy doesn't count if your only out of work a matter of weeks but one time it would was when i was out of work for 6 months in 2010 and only pays £206 for those 5 months any way so can i claim for being misold £1200 policy and get the 5 months money also. help much appreciated.
and have been made redundant 4 times since then the reason I found it was still running was an ending letter from cardiff pinnacle so when I call cardiff they tell me I can't claim for my time in hospital and policy doesn't count if your only out of work a matter of weeks but one time it would was when i was out of work for 6 months in 2010 and only pays £206 for those 5 months any way so can i claim for being misold £1200 policy and get the 5 months money also. help much appreciated.
0
Comments
-
Hi, are you saying you claimed for 5 months once or could claim for the 5 months?just found out i had a protection insurance with a loan from 2005 which I paid up in 2007 the insurance only ran out on 5thaug 2010.
and have been made redundant 4 times since then the reason I found it was still running was an ending letter from cardiff pinnacle so when I call cardiff they tell me I can't claim for my time in hospital and policy doesn't count if your only out of work a matter of weeks but one time it would was when i was out of work for 6 months in 2010 and only pays £206 for those 5 months any way so can i claim for being misold £1200 policy and get the 5 months money also. help much appreciated.0 -
I am going through the claim at the moment they are contacting my employers at the moment.marshallka wrote: »Hi, are you saying you claimed for 5 months once or could claim for the 5 months?0 -
If you are using it then there would be a bigger argument to get it classed as missold although people can have missold single premiums IF they would have taken out insurance but not by single premiums.I am going through the claim at the moment they are contacting my employers at the moment.
In cases like this where the insurance has been used and if you won misselling they would take away the amount you have been paid and also work out how much you would have been paying each month if you bought insurance on a monthly basis I think and then pay the difference.0 -
I claimed back from Loans my loan was in 2006, they were fined for mis selling aswell x0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards