Barclaycard Payment Protection age rule

2 Posts

in Credit cards
Just received letter from Barclaycard saying that on my 70th birthday I will have no protection cover. Would someone please explain why, as I feel this kick in the teeth for me after being a loyal customer for over 25 years and only one claim.
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Payment Protection was a form of PPI, are you sure it's that policy?
Payment protection is usually a percentage added to each bill that means if you lose your income then the insurance kicks in and it gets paid off.
If you are no longer working, then it might not pay out anyway as you are unlikely to lose whatever income you have.