Alternative policy after CPP claim

witewabbitt

Hi, thanks in advance. You were very helpful to me in the past.

I have had a Marks and Spencer Cardsafe policy for many years. I am considering claiming for mis-selling.

My question is what do I do after the policy has been cancelled as a result of claiming? Are there other schemes that will handle the hassle of contacting the card issuer(s), and will provide emergency money etc? I am in my 70's, still do a lot of foreign travel, and like the peace of mind a scheme like this provides. But the premium seems a lot, when they do not need to cover for fraudulent transactions.

Since 2005, my premiums ( for a policy covering two people's credit cards and passports) were paid every 3 years, by DD, and amounted to £55 (2006) +£70 (2009) +£75 (2012) and will be due for renewal in July 2015, so has one year's cover left. So total paid £200.

I had to claim in 2013 for cash stolen in France, and loss of one of my Credit Cards. The amount was £79.17. The service I received was fautless, the operator was polite and helpful, the card was stopped, no unauthorised transactions had happened. I was satisfied.

So the amount I could claim is £120. But I would lose the final year's cover.

Please advise, WW

[Deleted User]

witewabbitt wrote: »

Are there other schemes that will handle the hassle of contacting the card issuer(s), and will provide emergency money etc?

Of course there are other companies offering similar insurance. This is not the place to recommend/advertise them and you'll have to do your own research, I'm afraid.

The main question which comes to mind is why are you considering a mis-selling complaint when you are obviously happy to continue with the type of insurance you will be complaining you don't need?

societys_child

Humm? As above, why would you complain about a policy, which did what it was supposed to do, and are satisfied with?

I had to claim in 2013 for cash stolen in France, and loss of one of my Credit Cards. The amount was £79.17. The service I received was fautless, the operator was polite and helpful, the card was stopped, no unauthorised transactions had happened. I was satisfied.