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Bradford and bingley ppi?
Annieisme
Posts: 22 Forumite
Had Mortgage in 1988 as they aren’t around anymore what’s the process please?
A LIFE INSURANCE POLICY with SCOTTISH PROVIDENT INSTITUTE was attached to the mortgage or we couldn’t have the mortgage — is that PPI?
(Eagle Star Insurance Company Ltd, is mentioned too but unsure what that was)
Thanks
A LIFE INSURANCE POLICY with SCOTTISH PROVIDENT INSTITUTE was attached to the mortgage or we couldn’t have the mortgage — is that PPI?
(Eagle Star Insurance Company Ltd, is mentioned too but unsure what that was)
Thanks
Growing old is mandatory; growing up is optional. ~Chili Davis
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Comments
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No. Life Insurance isn't PPI.0
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A LIFE INSURANCE POLICY with SCOTTISH PROVIDENT INSTITUTE was attached to the mortgage or we couldn’t have the mortgage — is that PPI?
No. Life assuarnce is not payment protection insurance.
Payment protection insurance is a specific type of insurance. It covered accident, sickness and unemployment.
Life assuarnce was typically compulsory on mortgages until the mid to late 90s.(Eagle Star Insurance Company Ltd, is mentioned too but unsure what that was)
Eagle Star in that era were more known for car insurance, house insurance and endowments.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
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