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MPI (mortgage protection insurance)

Around 25 years ago I was told that I needed insurance to cover my mortgage payments if I fell ill or lost my job.

Paid premium for around 17 years then cancelled. I Never made a claim.

Can I use Plevin or claim for mis-selling.

Policy was a GA policy sold through a mortgage broker

Comments

  • SidJ
    SidJ Posts: 42 Forumite
    Eighth Anniversary 10 Posts Name Dropper
    I've never made a claim on my car insurance. Can I claim the payments back?
  • dunstonh
    dunstonh Posts: 121,290 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Paid premium for around 17 years then cancelled. I Never made a claim.

    That is great news. I hope to never claim on any insurance I take out.
    Can I use Plevin or claim for mis-selling.

    No & no. Pre-regulation and plevin wont apply to a mortgage broker even if it was post regulation.
    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.
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