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Plevin PPI claim
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broadie73
Posts: 1 Newbie
I’d like to reclaim PPI on my sickness/unemployment mortgage cover under the Plevin rule but I still want to keep the policies.
If the bank finds in my favour will I be forced to cancel the cover?
If the bank finds in my favour will I be forced to cancel the cover?
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Comments
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If the bank finds in my favour will I be forced to cancel the cover?
it is normal for the PPI to be cancelled/voided on a complaint as you are claiming you dont want it.
Plevin only applies to rejected complaints.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.0 -
I’d like to reclaim PPI on my sickness/unemployment mortgage cover under the Plevin rule but I still want to keep the policies.
If the bank finds in my favour will I be forced to cancel the cover?
You can't claim Plevin unless you complain the policy was miss-sold and they rejected the complaint.
If you complain about the policy it will inevitably be cancelled.Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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You win todays prize for would be oppertunistic chancer.0
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