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ppi reclaim?
thedogsarebarking
Posts: 1 Newbie
Hi,
I am new to the site and wondered if anyone would kindly advise? I feel as though i may have a viable claim on an insurance policy i was sold when i took out my mortgage. It looks like i have been given two seperate policies by my then advisor which may amount to the same cover! I have PPI through my existing lender but it looks like i've been sold income protection by the mortgage advisor which relates to another insurance company. Does this policy not cover the same thing? Unemployment and/or sickness? In a pickle!!
Please help!
I am new to the site and wondered if anyone would kindly advise? I feel as though i may have a viable claim on an insurance policy i was sold when i took out my mortgage. It looks like i have been given two seperate policies by my then advisor which may amount to the same cover! I have PPI through my existing lender but it looks like i've been sold income protection by the mortgage advisor which relates to another insurance company. Does this policy not cover the same thing? Unemployment and/or sickness? In a pickle!!
Please help!
0
Comments
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I have PPI through my existing lender but it looks like i've been sold income protection by the mortgage advisor which relates to another insurance company. Does this policy not cover the same thing?
You have the policy documents. We cant say. However, it is quite normal to have a PPI and a PHI policy put in place. PPI covers just 12 months whereas PHI kicks in when the PPI finishes. That is typically best advice for a lot of people.
Or it could be that the second plan is life assurance or critical illness cover.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
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