Mortgage PPI Query

Zingara

I've posted this in the insurance section with no response, so wondered if anyone on here may be able to offer any insight!

Back in May 2003 I took out a mortgage with Halifax complete with Life/Accident/Sickness/Unemployment cover. At that point I was fine, no illnesses or problems.

In July 2005 I took out a further advance on the mortgage of £10000 to cover some bits that wanted doing to the house. The month before I had seen a specialist about a back problem I was having and was referred for further tests. This resulted in an operation in November '06 and I am still off work from it.

Now I am beginning to get a bit more "with-it" I am trying to work out whether or not I am covered under the ASU policy or not! As far as I was aware when I took the additional money out nothing happened with the original sum but looking through the paperwork it looks as if it was re-mortgaged, although the rate of the initial sum didn't change. In that case I presume I wouldn't be able to claim as I had an existing condition when the additional sum was taken out. Am I right? I initially thought that I would be able to claim for payments for the initial mortgage but not the further advance but now I'm not so sure!.

I keep going round in circles on this one! I could put in a speculative claim to see what they say but if I do I will have to pay for medical records from my doctors.

Anyone any thoughts?

Karen

toonfish

you should have been covered, but you may well have missed the opportunity to claim - you usually need to notify the insurer within a certain time period and will only get payments for a limited time period. Only Halifax will be able to give you a definitive answer.

regularsaver1

Zingara - when you borrowed the extra £10000 did you go through any new underwriting to increase the cover for the asu?

I have a feeling that your policy is called Mortgage Repayments cover (MRC) under the Total Mortgage Protection Plan (TMPP) umbrella.


I have a feeling that you should have notified them to claim earlier

regularsaver1

I found this:

http://www.halifax.co.uk/insurance/pdfdocuments/Adobe%20of%20TMP%20Policy%20Summary%20Doc.pdf

There may be some difference to the policy as you took your policy prior to insurance regulation