Mortgage Ppi from 2002

Poppynoodle

I was sold a Norwich Union mortgage protection policy through an independent broker (now gone bust) in 2002. I have written to Aviva who took over Norwich Union and they have responded saying it is the responsibility of the independent broker. So I wrote to the Financial Services Compensation Scheme but they say that they can't do anything because the policy was taken out in 2002. Is there anything more I can do? Please help! Thank you

Nasqueron

Unfortunately not

The broker sold the product so they have liability for the sale, not the provider. The FSCS are correct that pre-2005 it's nothing to do with them.

If it makes you feel any better, MPPI is actually a very good product and very few complaints about it stand up to get a refund, it is there to protect the roof over your head unlike the largely useless PPI on loans / credit cards etc and very few people could legitimately say they don't need it given the length and expense of a mortgage

dunstonh

I was sold a Norwich Union mortgage protection policy through an independent broker (now gone bust) in 2002.

That will not likely be PPI. It will likely be life assurance.

I have written to Aviva who took over Norwich Union and they have responded saying it is the responsibility of the independent broker.

Correct.

. So I wrote to the Financial Services Compensation Scheme but they say that they can't do anything because the policy was taken out in 2002.

Also correct.

Is there anything more I can do?

No.
It probably isnt PPI (that name is used for life assurance). Not that it matters if it is as
1 - It was sold by an IFA (who account for under 1% of complaints at the FOS with most of those rejected)
2 - it is covering a mortgage. Most mortgage insurance complaints are rejected

Give up. Its game over and almost certainly was never an issue.

tidyfinance

As always dunstonh, straight to the point which is what we all want. I'm now guessing that this will be the same scenario for me.
I have PM'd you dunstonh so unless I recieve an answer I will assume this advice applies to me also.
My question was that if I had PPI it would have been in relation to a mortgage (so not applicable?) but moreover I'm talking going back to 1981!!!!!!
Excellent posts as always guys, thank you.

-taff

There wasn't PPI in 1981 for mortgages.

Probably best to start a new thread and not PM people.

Nasqueron

tidyfinance wrote: »

As always dunstonh, straight to the point which is what we all want. I'm now guessing that this will be the same scenario for me.
I have PM'd you dunstonh so unless I recieve an answer I will assume this advice applies to me also.
My question was that if I had PPI it would have been in relation to a mortgage (so not applicable?) but moreover I'm talking going back to 1981!!!!!!
Excellent posts as always guys, thank you.

PPI was a mid 80s product, popular in late 80s

Any insurance on that would be life insurance or MIG or similar none of which are reclaimable (obviously if you are immortal then life insurance is worthless)

tidyfinance

Guys I agree regarding PMing folk, however in my PM I advised that I only did that after looking for ages to try to find the appropriate forum, not having been on here for a while.
But yes, I agree.
Sounds lik I would be going down a dead end then regarding any mis-sold PPI for me - which is fine.
Thanks for your replies.