civil servant missold ppi????

agb1634

when i took out my mortgage with abbey 9 years ago they knew i was a civil servant and that if off sick get 6 months full pay then 6 months half pay(have not beeen off sick i hasten too add) also if made redundant a redundancy package is in place,i was still advised to take out mortgage protection,i am now thinking i was duped ,does anyone know if a claim would be succesfull in these circumstances.

-taff

Probably not. Your insurance covers you for death, you mayhave had critical illness cover, or other covers.

dunstonh

mortgage protection is a term that covers different types of policies that are applicable to mortgages. This can include MPPI but also life assurance, critical illness cover and income protection (PHI).

What type of mortgage protection do you have?

McKneff

You also knew that you had this financial back up so why did you sign it. You said youself that you were advised, You didnt have to take it.

agb1634

i have decreasing life cover to pay the mortgage off if one of us dies,and theother insurance i think i was missold is for accident,sickness and redundandcy

McKneff

agb1634 wrote: »

i have decreasing life cover to pay the mortgage off if one of us dies,and theother insurance i think i was missold is for accident,sickness and redundandcy

Please see post 4.

magpiecottage

agb1634 wrote: »

i have decreasing life cover to pay the mortgage off if one of us dies

That is appropriate. Your death in service benefit would only have been paid at the discretion of the scheme trustees. If I remember correctly, it would also have been related to your salary at the time and your length of service.

theother insurance i think i was missold is for accident,sickness and redundandcy

Most such policies paid out for accident and sickness anyway and pay out for redundancy provided you had no reason to expect it at the time you took it out. This would be unaffected by a redundancy payment (although time off in lieu of notice would not be covered).

So you have said nothing that indicates a missale.

System

I don't understand why you think that Abbey would have knowledge of the Civil Service sickness and redundancy policy?

agb1634

just to let some of you smug think you know it all types here i have just recieved over 9k from abbey,they realised that being a civil servant i was missold ppi as they DO KNOW the benefits civil servants get:D:D:D

custardy

agb1634 wrote: »

just to let some of you smug think you know it all types here i have just recieved over 9k from abbey,they realised that being a civil servant i was missold ppi as they DO KNOW the benefits civil servants get:D:D

So do you?

dunstonh

agb1634 wrote: »

just to let some of you smug think you know it all types here i have just recieved over 9k from abbey,they realised that being a civil servant i was missold ppi as they DO KNOW the benefits civil servants get:D:D:D

That wont be the reason it was upheld. The FOS have been rejecting complaints on civil servants and other public sector workers with the same sickness benefits. So, it is likely to be another reason.