PPI Reclaiming Discussion Part 5

[Deleted User]

aayush wrote: »

I left my last job and tried to get something for m them the said no but am sure am due something as paid into to this for years and got nothing back from them which I think is a scam in the first place

It's not a "scam" to refuse to pay you if you voluntarily left your last job. The insurance covers redundancy, not resignation.

Can I recommend you read the MSE advice article about PPI. It will answer many of your questions;
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

dunstonh

costingbunny wrote: »

Hi
I had a mortgage with Halifax in 2002 for 3 years and paid Total Mortgage Protection Plan even though was I self-employed. The mortgage was joint and my partner separated years ago.
Halifax have said that the TMMP was made of mortgage repayment ocver, life cover and critical illness cover and therefore only the mortgage repayment part is related to the complaint.
They have set out the part of the TMMP, added on 8% interest and then agreed to part me half (my whereabouts of my ex are not known). I am assuming this is all I am entitled to as it is set out and states that the monies will be sent to me unless I call them.
Just want to check that I am right - bit disappointed with the amount as I thought it would all be repayable - still better than nothing I guess. Cheers

The TMPP is made up of multiple segments. Only one of those segments is PPI. Halifax auto payout on small PPI refunds. So, you are getting lucky (especially as it does cover self employed and they could easily reject it if they wanted). A PPI complaint on the non-PPI parts of the policy is destined for failure as they are not PPI.

Typically, on joint plans, they money is shared 50/50. So, be prepared to only get half.

aayush

Moneyineptitude wrote: »

It's not a "scam" to refuse to pay you if you voluntarily left your last job. The insurance covers redundancy, not resignation.

Can I recommend you read the MSE advice article about PPI. It will answer many of your questions;
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

I left on my own accord and not resign

dunstonh

aayush wrote: »

I left on my own accord and not resign

If you left on your own accord then you resigned. That is what resigned means.

I wish to find out if i can get any thing for a policy taken out for ill health and loss of job as I left my last job and tried to get something for m them the said no but am sure am due something as paid into to this for years and got nothing back from them which I think is a scam in the first place

its not a scam. You cant take out a policy and leave your job by choice and expect the insurance company to pay out. It is redundancy cover. Not leave by choice cover.

aayush

dunstonh wrote: »

If you left on your own accord then you resigned. That is what resigned means.




its not a scam. You cant take out a policy and leave your job by choice and expect the insurance company to pay out. It is redundancy cover. Not leave by choice cover.

one other reason i left is that had been advised that i was stressed out and also suffering form other thing but if I where to advise new employers I would not get the job or any benefits from government but would need to get letter from GP ?
Is that not correct why pay in to schemes that can not pay you for certain reason s

vikki.f

Good news,

Having read these pages we thought was it worth making a claim, we had had rolling loans between 1995-2012. We had little paperwork, knew we had declined PPI FROM 2006 and the only PPI figure we could find was in 1995 which was £128.

In November we bit the bullet and filled in the forms, then in the rush of Christmas the put put in the draw.

Jump to Feb and we come across them again, think what they heck and £2 later they are sent recorded (I know not exactly money saving start)

We get a letter back a week later acknowledging receipt and they would be in touch. 4 weeks later he gets a call from the bank and they are on the phone over an hour, what jobs, when did we leave,how much did we borrow, you have probably all had them, they said they would make a decision in 4 weeks,

3 weeks on a thick letter, they found in our favour one of the 6 loans for miss sold PPI, was unable to decide on 1 and declined the other 4.
They agreed a settlement of £1900 after tax.

That weekend we looked at the paperwork and did not agree with their decision, it was based upon assumptions. The following week we sent them a 4 page response together with the 1995 statement, we felt that another recorded delivery letter was now justified. That was received on the 31 st March. Later that week hubby composed another letter having read up on some of your comments, not so much the sale being justified but the policy being suitable. This was sent off recorded and arrived on the 2nd April.

We already knew that the 1990 was ring fenced and if the 2 letters were a waste of time so we end up with 1986. We were told that they had 10 working days to reply.

Last Friday hubby received another call and more questions asked, he was made redundant in 1998 but was only given a months noticed, he found another job in those 4 weeks so never claimed any benefits etc, left on Friday and started work Saturday.

We were told a decision would be made that day and a letter issued. No letter arrived Saturday, or Monday, he was called Tuesday and received an apology that the case was being checked we thought ok they are not going to change their decision, but he would get a call Wednesday as they had to confirm the outcome by the 10th day and a call would satisfy their obligation, as it was too late to arrive by post.

430 no call, he ring and was palmed off
On the way home he gets a call from the bank, they have found in our favour all of the loans with PPI on them, and then calculated the overpayments on the future loans, the early loans were all less than £5k it was only after 2006 we borrowed more.

The amount that they are willing to settle on after tax is


£5976.24.

What a fab result and thank you to MSE and to a number of the regular posters who put us on the right track with our complaint.

treenie01

I claimed PPI on my Nationwide credit card by accident (well sort of). My husband and I had entered into what we thought was a debt management plan with a company (it turned out it was a complete rip off and we are going through the ombudsman to get our money back at the moment). One of the things this company did was to do your PPI claims. They had contacted Nationwide on my behalf but Nationwide would not discuss my account with them because they wouldn't give them correct authorisation.

anyway nationwide phoned me to ask if they should be dealing with them. By this time we had stopped with the company and gone with Stepchange. I told them this and they said that's fine we can sort it out over the phone for you.

So they did. It turned out that I had paid £853.97 in PPI. I thought that's fine. Had no idea how the interest was added or anything got all the papers signed (which was a complete nightmare but another story).

I then received a letter saying I would get a total of £2771.46.

Thank you very much Mr Nationwide. Most of this went to paying off my credit card but I got some "pocket money" from it.

I have since contacted them again as I had a loan with them around the same time as I had the credit card. It turns out that in fact I had two loans with them, one for £1000 and one for £2000 (such a bad memory). I'm just waiting to find out how much I'm owed from them.

The only thing I got confused about was that they don't tell you the final amount straight away. They tell you how much you have been paid.

dunstonh

aayush wrote: »

one other reason i left is that had been advised that i was stressed out and also suffering form other thing but if I where to advise new employers I would not get the job or any benefits from government but would need to get letter from GP ?
Is that not correct why pay in to schemes that can not pay you for certain reason s

If they paid out on people choosing not to work the premiums would be far higher. Everyone would just take time off work for 12 months otherwise. It would be silly.

aayush

well Dunstoh what is your response to my last im
Originally Posted by dunstonh View Post
If you left on your own accord then you resigned. That is what resigned means.




its not a scam. You cant take out a policy and leave your job by choice and expect the insurance company to pay out. It is redundancy cover. Not leave by choice cover.
one other reason i left is that had been advised that i was stressed out and also suffering form other thing but if I where to advise new employers I would not get the job or any benefits from government but would need to get letter from GP ?
Is that not correct why pay in to schemes that can not pay you for certain reason s

dunstonh

aayush wrote: »

well Dunstoh what is your response to my last im
Originally Posted by dunstonh View Post
If you left on your own accord then you resigned. That is what resigned means.




its not a scam. You cant take out a policy and leave your job by choice and expect the insurance company to pay out. It is redundancy cover. Not leave by choice cover.
one other reason i left is that had been advised that i was stressed out and also suffering form other thing but if I where to advise new employers I would not get the job or any benefits from government but would need to get letter from GP ?
Is that not correct why pay in to schemes that can not pay you for certain reason s

If you are ill, you go to the doctor and if you are signed off work then you claim on the policy. you dont resign as that is a choice.