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After PPI reclaiming success
allybally1963
Posts: 5 Forumite
After claiming successfully for missold PPI 
do you have to cancel your insurance or will the company cancel automatically when the reclaim process is complete? My job is under threat at the moment and want to keep the insurance running in the short term
do you have to cancel your insurance or will the company cancel automatically when the reclaim process is complete? My job is under threat at the moment and want to keep the insurance running in the short term 0
Comments
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If you've "claimed successfully", you don't have a policy anymore?0
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You made a complaint to void the policy. You won that complaint. So, there should be no policy in existence now.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.0
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My wife successfully complained on her Halifax critical illness policy which was bought at the time she arranged her mortgage. Halifax payed out a few years ago but we are continuing to pay our monthly payment0
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allybally1963 wrote: »My wife successfully complained on her Halifax critical illness policy which was bought at the time she arranged her mortgage. Halifax payed out a few years ago but we are continuing to pay our monthly payment
That is monthly premium. Not single premium. It also is not PPI so the complaint would not be linked to PPI reasons.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.0 -
I had to cancel my HSBC PPI policy after receiving redress or it would have continued.0
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