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!
Payment Shield
ptwainwright
Posts: 4 Newbie
Back in 2005 I bought PPI from payment shield to cover my mortgage payments.
At that time I had been under treatment for a brain tumour which I now think may mean that the policy was invalid.
No health questions were asked, do I have a claim for miss selling?
At that time I had been under treatment for a brain tumour which I now think may mean that the policy was invalid.
No health questions were asked, do I have a claim for miss selling?
0
Comments
-
How was this bought? Was it advised or bought by yourself online or over the phone?0
-
the policy would not be invalid, it just wont cover that particular condition.
health questions would not be asked on non-advised sales.0 -
As said above, Paymentshield would not cover a pre-existing condition but they do cover other unrelated things.No health questions were asked, do I have a claim for miss selling?
Nope. Nothing you have said so far suggests mis-sale.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.0 -
I only have a version of the policy document from last summer but page 5 has a section entitled "Important Notes".
The first one says:
"This policy does not cover a medical condition or related symptoms you knew about at the
start date whether the condition had been diagnosed or not. This is known as a preexisting
medical condition."
So you do not seem to be covered for the brain tumour but you would be covered for something else.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards