Mis-sold income protection insurance.

edited 30 November -1 at 1:00AM in Reclaim PPI & Other Insurance
2 replies 1.1K views
fostermum1fostermum1 Forumite
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edited 30 November -1 at 1:00AM in Reclaim PPI & Other Insurance
I have been paying ppi since 2002 on subsequent loans,my son-in-law has made me aware that the policys pay out if i cannot work if i have an illness or accident.
I have been retired since 2001 so can anyone tell me if i have been mis-sold ppi because i have been retired and therefore not "working"

Replies

  • dunstonhdunstonh Forumite
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    If you were retired at point of sale then it would be a 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.
  • magpiecottagemagpiecottage
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    dunstonh wrote: »
    If you were retired at point of sale then it would be a mis-sale.

    Or a mispurchase - if it was a non-advised sale and the information was properly presented but not read!
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