length of time to claim query

airliebird01

hi , i just got a letter from egg today and they said that their policy regarding ppi claims is only to go back 6 years .

can i ask is this an across the board policy or something i could challenge ?

thanks gabby

di3004

airliebird01 wrote: »

hi , i just got a letter from egg today and they said that their policy regarding ppi claims is only to go back 6 years .

can i ask is this an across the board policy or something i could challenge ?

thanks gabby

Hi there

So basically they are time barring.
I assume you tried to make a reclaim?


http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

As on the above link:

How far back can you go?

Before starting, it's important to see if your claim is valid.

• Did your policy start in the last six years?
  If your policy started in the last six years, whether you're still using it or not: Reclaim and ask your lender for a copy of the paperwork if you no longer have it.
• Is your policy older but still active or ended in the last six years?
  If your policy started over six years ago and you are either still using it, or it ended within the last six years: Reclaim and ask your lender for a copy of the paperwork if you no longer have it. Your chances of success may be reduced if you have been aware of the misselling for some time, you have already complained or your account is very old.
• Is your policy older?
  If your policy ended over six years ago and you have the paperwork: Reclaim, although your chances of success are reduced, as it will depend on what you can remember about the sale.
  If your policy ended over six years ago and you do not have the paperwork: It's unlikely there will be records and unlikely the reclaim will be successful.