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Scottish Amicable

Hi,

My wife and I took out an endowment policy with Scottish Amicable (now the Prudential) in 1999.

I have the details of the policy and know it included a Waiver Benefit premium and a Mortgage Interest Benefit Premium.

I have tried to follow the MSE resolver tool but fell at the first hurdle as neither Prudential nor Scottish Amicable are listed.

Can anyone advise if this is likely to be applicable for a PPI claim under Plevin or otherwise.

Any help much appreciated

Comments

  • Nearlyold
    Nearlyold Posts: 2,459 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Waiver of Premium benefit and Mortgage Interest Benefit are not PPI.
  • dunstonh
    dunstonh Posts: 121,292 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I have tried to follow the MSE resolver tool but fell at the first hurdle as neither Prudential nor Scottish Amicable are listed.

    That is because endowments cannot have PPI.
    Can anyone advise if this is likely to be applicable for a PPI claim under Plevin or otherwise.

    No. Endowments are not PPI and not subject to Plevin. And for the benefit of doubt, nor is your car insurance or house insurance or any other insurance that isnt PPI.
    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.
  • Nearlyold wrote: »
    Waiver of Premium benefit and Mortgage Interest Benefit are not PPI.
    Neither is it possible for them to be mis-sold in the manner PPI was..
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