Lloyds credit card claim

Jimmy443

Hi,

I took out a Lloyds credit card back in 2005 and it included a PPI policy which I don't believe I needed. I can't remember opting for it, I think the option might have been pre-selected. I still have a balance on the card and been paying about £35 / month for the PPI policy for years.

At the time I took out the policy I had 28 weeks redundancy benefit, 26 weeks full sick pay, permanent health insurance that will pay 75% salary till aged 65 after 26 weeks sick and death in service cover for 8x my annual salary. I'm with the same employer and those benefits have only increased.

Sound like I've got a chance of getting it back?

Thanks

Nasqueron

Jimmy443 wrote: »

Hi,

I took out a Lloyds credit card back in 2005 and it included a PPI policy which I don't believe I needed. I can't remember opting for it, I think the option might have been pre-selected. I still have a balance on the card and been paying about £35 / month for the PPI policy for years.

At the time I took out the policy I had 28 weeks redundancy benefit, 26 weeks full sick pay, permanent health insurance that will pay 75% salary till aged 65 after 26 weeks sick and death in service cover for 8x my annual salary. I'm with the same employer and those benefits have only increased.

Sound like I've got a chance of getting it back?

Thanks

With a generous work package that could cover you they may just rollover, focus on that rather than suggestions about pre ticked boxes on online forms - if you can't prove it, don't mention it as they will know the period when these were used (if at all) and it can harm your case to make accusations you can't prove. Redundancy is fine but unless you were a public sector worker it's not guaranteed, if the firm went under you would just get statutory so focus on the sick benefits over the rest. If you actively ticked the box they might reject so you would need to refer to FOS inside 6 months if they do reject. Death in service is fine too but you can't rely on that to pay bills for obvious reasons

Insider101

Jimmy443 wrote: »

Hi,

I took out a Lloyds credit card back in 2005 and it included a PPI policy which I don't believe I needed. I can't remember opting for it, I think the option might have been pre-selected. I still have a balance on the card and been paying about £35 / month for the PPI policy for years.

At the time I took out the policy I had 28 weeks redundancy benefit, 26 weeks full sick pay, permanent health insurance that will pay 75% salary till aged 65 after 26 weeks sick and death in service cover for 8x my annual salary. I'm with the same employer and those benefits have only increased.

Sound like I've got a chance of getting it back?

Thanks

Lack of memory is a big issue as you can't exactly give your sworn word that they did something wrong at point of sale. That said, FOS are great at upholding complaints where people have six months sick pay or more even when no evidence exists either way. So yeah you probably have a fair chance.