please help

diane118

hi please could some one help me to help my daughter she and hubby have a morgage with northern rock and has PPI with mortgage matters would her husband be able to claim PPI back her husband is self employed and her being a nurse and gets paid if she is off sick for a year was not on the PPI the morgage is in join names. Thanks

diane118

hi please could someone help me to help my son inlaw he has a loan with his bank LTSB and has had previous loans that have been paid off with them also, because he is self employed has he a case to reclaim back the PPI , how does he find out about the previous loans he had with them as could he claim the PPI back on them too. thanks

di3004

Hi Diane

I believe that some ppi cover self employment, but I would request for a copy of the policy details, they should still send them free of charge.

However, if he still believes he was mis sold the ppi on any of the loans, then give it a go on the reclaiming.

Personally I would complete the reclaiming questionnaire for each separate account, but if mis sold for all the same reasons, there is no harm in completing to the same reclaiming questionnaire, as long as you write all account numbers that apply.

You can of course write to reclaim if you want to, the template letter was replaced by the reclaim questionnaire though, but you can do a letter in your own words as optional.

You will find the reclaiming questionnaire on the link below as stage one of reclaiming, complete and send to the address also supplied below, and allow 8 weeks for a decision, although it may take a little longer, where-as they should keep you informed, my experience with Lloyds they did at least keep me up to date on my reclaims.

Also keep copies of all you send and receive in case you need to look at this again at some point.

Hope this helps, good luck.

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

Lloyds PPI
Customer Care
Lloyds TSB Insurance
Tredegar Park
Newport
South Wales
NP10 8SB

di3004

Sorry Diane, I forgot to mention about checking other ppi he may have been sold.

There is a Subject Access Request (SAR) letter on this site, if he banks with lloyds, then write the bank account number and they should supply all data info that he have taken out with them, going back at least the last 6 years, however some of my data was over the last 10 years that I received.
You can tweak the SAR letter request for your requirements if you want to or leave as it is, just remember to add the bank account number and enclose £10 cheque or postal order, they then have 40 calendar days to comply.
https://forums.moneysavingexpert.com/discussion/1475553

diane118

hi thanks for your help

roonaldo

diane118 wrote: »

her being a nurse and gets paid if she is off sick for a year was not on the PPI the morgage is in join names.

if she wasnt on the PPI then her employment is irelevant as it wasnt sold to her.

your grounds for mis-sale are just that he was self-employed. But most policies cover the self-employed.

Alpine_Star

roonaldo wrote: »

your grounds for mis-sale are just that he was self-employed. But most policies cover the self-employed.

Although some PPI policies ''cover'' the self-employed their are significant restrictions to them. If the firm didn't take reasonable steps to make these restrictions clear to the self-employed at the point of sale, there are grounds for mis-sale.

diane118

hi please could some one help me to help my daughter they remorgage about 5 yrs ago and got an insurrance out to cover for ASU her husband is selfemployed and has been unable to find work for 7 weeks now so they tried to claim but the company said that they did not have the cover for unemployment on there policy they found the letter they signed at that time from the solitor and it only said for sickness and accident under these circumstances would the be able to claim back there PPI and get it back please thanks

amersall

Hi there, look here for reasons they could have been mis sold
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#checklist
If any of these apply, then put a claim in. If they were under the impression that this covered for unemployment (what were they told when they took out this insurance?) then that would be a reason.

diane118

hi thanks for your reply had a look at the link and my daughters husband thought it included if he was out of work but he signed the document and it said on the document that it only included acident and sickness so it must mean they can not put a claim in. also there is a bit that i am not sure about i will copy and paste it

Do you have a joint loan but the insurance is only in one name?
If you’ve checked your paper work and have found that all names responsible for paying back the loan are not covered under the insurance, which is unfair in itself as either could be chased for money if you get behind with payments, and were told or thought that all names were covered, go to the how to reclaim section.



The morgage is in joint names but the insurrance is in my soninlaws name only as my daughter is a nurse and she will get paid for a year if sick or has an accident. thanks

dunstonh

t under these circumstances would the be able to claim back there PPI and get it back please

No. They are not grounds for complaint. Not having the insurance is not a reason you can complain about.

I suspect the policy held probably isnt a PPI policy. I would guess it is a permanent health insurance plan (PHI). This is the best form of income protection except it does not cover unemployment. These are particularly more suited to the self employed.

Indeed, the very thing you are saying they should have is the thing many people complain about having. The complete opposite of the norm. The product they have, if it is PHI, is the right one. These are also typically sold under a full advice process and fully underwritten at point of sale. So, all the usual failure reasons given for PPI wont apply to PHI.

her husband is selfemployed and has been unable to find work for 7 weeks

Has he closed his business down and ceased to pay class 2 NI?