Ombudsman Rejects PPI self employed argument

Exigentla

I have posted this elsewhere on the site but It was suggested that I move this thread here, so here goes

I have taken HSBC to the ombudsman for mis selling ppi as was self employed. The ombudsman has written to me saying he is minded to reject my claim because he doesn't consider the HSBC terms as onerous.

He has quoted them as follows:-

If you are self employed, to make an unemployment claim you will need to provide evidence that:

-you stopped work because you could not find enough work to meet all your reasonable business and living expenses and declared this to the inland revenue, and

-the unemployment is not normal or seasonal in your line of work.


Any assistance would be greatly appreciated

dunstonh

answered on your other post.

As most PPI does cover self employed, that often isnt enough to get a successful complaint. If the PPI only requires you to cease paying class 2 NI and sign on then that is considered fine. Its only when the minority of cases dont cover self employed or have more onerous terms than that where you are likely to succeed in the complaint.

[Deleted User]

You've lost, mate, the Ombudsman is the final arbiter. Being self-employed is only a valid complaint reason if the PPI policy didn't cover you at all or the terms were so onerous as to almost make it impossible to claim.
While some lenders (and early PPI policies) did indeed exclude the self-employed, your particular loan or credit card insurance clearly did cover you.
Sorry.