Remortgaging policies

lisascope

Hi there,
I've been contacted by Commitments Protection Ltd regarding an old accident/sickness policy that was taken out when we remortgaged in 2005. Been told that we can claim back the upfront payment+interest as it should have been sold as a monthly payment as well as put in my name and not my husbands who gets paid when off. Also told that we could have PPI on any loans we consolidated at the time. They require an upfront payment to find this information which I don't want to pay, but how would I go about doing this myself? Any advice would be greatly appreciated. Thanks in advance.

dunstonh

Just put a complaint in to the firm that sold it. Single premium MPPI is bad. It should be regular premium. So, it is a very straight forward complaint and does not require any third party company.

lisascope

Thanks dunstonh

I was also told that the company had gone bust but I've just spoken to them! They are digging out my old information as we speak:T

dunstonh

lisascope wrote: »

Thanks dunstonh

I was also told that the company had gone bust but I've just spoken to them! They are digging out my old information as we speak:T

If you were sold after 14th Jan 2005 then you send the complaint to the FSCS and they will look at it. If it is before, then there is no-one to complain to and you give up. Date of application (not in-force date) is what matters.