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Claiming PPI having made a claim on the policy
ray-s
Posts: 21 Forumite
A friend has been paying PPI for the last 10 years on her mortgage to cover her for sickness and redundancy.(Genuinely believing she had to have this)
She was made redundant after Xmas and made a claim on the policy although that has still not been settled and is causing considerable hardship keeping up her mortgage payments.
Can she still make a claim for mis-selling having made this claim?
Thanks.
She was made redundant after Xmas and made a claim on the policy although that has still not been settled and is causing considerable hardship keeping up her mortgage payments.
Can she still make a claim for mis-selling having made this claim?
Thanks.
0
Comments
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What makes her or you think it is a miss sale,
it's certainly come in handy at the moment, hasn't it.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Doesnt sound mis-sold at all. So it sounds like she is eligible for it and has a need for it, so its suitable.0
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Many people have as they do have a need for it.A friend has been paying PPI for the last 10 years on her mortgage to cover her for sickness and redundancy.(Genuinely believing she had to have this)She was made redundant after Xmas and made a claim on the policy although that has still not been settled and is causing considerable hardship keeping up her mortgage payments.
So, it is quite clear she does have a financial need for it.Can she still make a claim for mis-selling having made this claim?
Why would she want to do that? You havent given any indication of mis-sale. Its now needed for a claim. So, asking them the seller (who may not have even been regulated at the time) to void the policy could be a very foolish thing to do.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 -
If you/she sends in a miss sale complaint, they might just agree with you and void the policy.
Food for thought.make the most of it, we are only here for the weekend.
and we will never, ever return.0
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