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tmpp insurance

We have tmpp insurance on our mortgage with the Halifax and as well as life cover and critical illness cover there was also employment cover for me although I was self employed at the time and throughout. I have been told that because I was self employed the insurance cover was useless. Is this true and if so would I be able to claim any of it back. I would be grateful if anyone out there has any advice on this.

Comments

  • dunstonh
    dunstonh Posts: 121,359 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I have been told that because I was self employed the insurance cover was useless. Is this true

    No it is not true. The life and CI part has no relevance to employment status. The MPPI part includes cover for self employed. Some loan and credit card PPIs dont include self employed but virtually all MPPI plans do.
    would I be able to claim any of it back.

    No. They would just respond that you self employed are covered and reject your complaint.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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