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ppi claim

carl123_2
carl123_2 Posts: 4 Newbie
can any one tell me if i can make a ppi claim on redundancy insurance taken out with the mortgage far back as 1991 it was with direct line owned by royal bank of Scotland whom i took the mortgage out with:cool:

Comments

  • dunstonh
    dunstonh Posts: 121,388 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    can any one tell me if i can make a ppi claim on redundancy insurance taken out with the mortgage far back as 1991

    Yes you can (assuming you mean complaint and not claim).

    However, direct line are a direct provider and do not use advisers. So, you cannot complain about it being bad advice. Also, they only do monthly premiums. So, you cannot complain it was set up wrong. Also, you claimed on the policy. So, you cannot complain you were not eligible or did not need it.

    So, what actually would your complaint be?
    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.
  • carl123_2
    carl123_2 Posts: 4 Newbie
    edited 15 June 2012 at 8:09PM
    at the time the estate agent Jones Chapman advised me and sold me the policy
    i have written proof my complaint. yes i did try to claim but you had to be out of work for 90 days how did you you know can you tell me please reply
  • dunstonh
    dunstonh Posts: 121,388 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    at the time the estate agent Jones Chapman advised me and sold me the policy

    Direct Line products are not available through advisers. So, that is unlikely.
    yes i did try to claim but you had to be out of work for 90 days

    All policies have a qualifying period. Better ones are 30 days, not so good ones 90 days. However, unless you see an independent, you will only be offered the product the direct offering offers you.
    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.
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    So you took PPI out for protection against redundancy, the qualifying period was 90 days, which you agreed to and signed for.

    So what is to complain about. 90 days was pretty normal, the shorter the qualifying period, the more expensive the PPI, which is why most people opted for the 90 day one.

    I think you are on a hiding to nothing to be honest. Dont waste your time.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • carl123_2
    carl123_2 Posts: 4 Newbie
    edited 16 June 2012 at 10:30AM
    not if it was with endowment policy that fell short
  • roonaldo
    roonaldo Posts: 3,420 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    carl123 wrote: »
    not if it was with endowment that fell short policy by the whey are you a insurance hacker into peoples policy
    what are you on about?
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    roonaldo wrote: »
    what are you on about?

    Maybe it should be a case of 'What are you on':rotfl::rotfl::rotfl:
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • carl123_2
    carl123_2 Posts: 4 Newbie
    edited 17 June 2012 at 12:28AM
    looks like a waste of tme
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