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.

Accident Insurance

I may be on the wrong forum.

I was sold Accident Insurance by The Halifax about five years ago. I receive letters every year to say it is being renewed. Could this have possibly been mis sold to me?
«1

Comments

  • Quentin
    Quentin Posts: 40,405 Forumite
    On what grounds do you think you were missold?
  • starrystarry
    starrystarry Posts: 2,481 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I can't help but notice that when people ask about this they always say "I was sold...", as if they were not an active party to the transaction.

    Nobody ever seems to say "I bought...", or "I agreed to buy...", or even "I was talked into...".
  • adamc260
    adamc260 Posts: 2,055 Forumite
    Jo_Jo1 wrote: »
    I may be on the wrong forum.

    I was sold Accident Insurance by The Halifax about five years ago. I receive letters every year to say it is being renewed. Could this have possibly been mis sold to me?

    Did you need, want or ask for it?

    The fact it has renewed for 5 years without question by yourself suggests to me you weren't mis-sold as you wouldn't of just let it go on and on if you didn't need it.
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    As per the other thread, you've given no indication of why thought it was "mis sold"
  • ACG
    ACG Posts: 24,035 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    There is no reason. They have seen other people can claim money back on ppi and wondering if they can do the same.

    Ohhh ive paid for insurance for 5 years, decided i dont want it so please can i have my money back...rediculous.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • dunstonh
    dunstonh Posts: 118,007 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I havent had a claim on my house insurance for the last 10 years. Was I mis-sold?
    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.
  • Quentin
    Quentin Posts: 40,405 Forumite
    Highly likely. (Assuming you bought it from yourself to get the commission)
  • dunstonh
    dunstonh Posts: 118,007 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Quentin wrote: »
    Highly likely. (Assuming you bought it from yourself to get the commission)

    Funny you say that....

    One cold calling claims company who I decided to play along with on the phone rather than hang up, told me after I had told them that I do my own insurances as I am an IFA that I could still put in a claim. When I asked her why should I pay a claims company to pass money from my left hand to my right hand she got all stroppy. She didnt have a clue.
    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.
  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Jo_Jo1 wrote: »
    I may be on the wrong forum.

    I was sold Accident Insurance by The Halifax about five years ago. I receive letters every year to say it is being renewed. Could this have possibly been mis sold to me?

    Yes.

    As long as you can prove that there was no possibility of you having an accident.

    Don't be so ****** ridiculous.
    We need the earth for food, water, and shelter.
    The earth needs us for nothing.
    The earth does not belong to us.
    We belong to the Earth
  • dunstonh wrote: »
    She didnt have a clue.
    In fairness, many cold calling/ lead generation people dont. If they get more than 30 minutes training I'd be surprised.

    I was always disappointed that after I agreed with a cold caller to have a face to face consultation with one of their conservatory designers that they never turned up. Would have liked to see them after they climbed the 5 floors to our old flat. The telephone agent didnt think the fact we were on the 5th floor was a particular problem.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 346.7K Banking & Borrowing
  • 251.4K Reduce Debt & Boost Income
  • 451.4K Spending & Discounts
  • 238.9K Work, Benefits & Business
  • 614.4K Mortgages, Homes & Bills
  • 174.8K Life & Family
  • 252.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.