PPI claim for Director already covered?

TinkerbellToo

Hi,

I have been using Virgin/MBNA since 2003 and eventually cancelled the PPI in 2008, after a very demanding phone call.

I am a company director and have Keyman Insurance through Lloyds and I also have Insurance through my mortgage covering me for sickness, critical illness, disabilty etc.

I have found the original PPI cover info sent out in 2003 and an update in 2005.(the second one is just in larger print!) I can not remember how I applied for this card, it would either have been postal or internet.

Can I claim purely for the fact that I already had cover? I dont know if I ticked any boxes or not?

Would appreciate any help as PPI was usually being charged at £120 per month before I cancelled! the balance on the card is now clear but the account remains open

Many Thanks

TinkerbellToo

I have gone through the small print on the first lot of Terms & conditions and the clause "what isnt covered" and it says if you are self employed unless you are involuntarily insolvent"

This is so confusing, have spent hours googling, but doesnt look like there are any answers

safestored4

I don't know if it will help you but if you are a company director you are not self employed. You are employed by the company.

TinkerbellToo

This is all I can find

http://http://www.bbc.co.uk/news/business-18554478

So MBNA saying Company Directors are self employed?

McKneff

If it was postal or internet, you would have actually opted for the PPI, so a case of miss bought because no one actually sold it to you.

Sorry