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Barclays Insurance terminated PPI Mortgage protection insurance - Can I complaint?

Ikebana_uk1
Posts: 2 Newbie
I have been holding a Mortgage protection insurance since 2008 by paying nearly £60 to Barclays insurance (Monument Life Insurance). They notified me of the termination of the Mortgage protection insurance. Whilst there might be terms for the insurer to terminate the insurance, I feel this is an arbitrary decision. I am very surprised that FCA has accepted the termination with only 6 month notice (ending 30 June 2023). The policy holders have been paying for unforeseen events for years and years. Complainted on the phone, Barclays sent me a leaflet of Financial ombudsman to escalate the complaint. I am thinking if I am in a feeling to request of reimbursement of insurance premium of the last few years. I wonder if anyone in this forum are in the same situations? or Any advice would be appreciated. (I am also posting this to Insurance forum, as it is not strictly about PPI reclaim).
0
Comments
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No. Save your stamp.
They've done nothing wrong at all. You won't get a refund of premiums as you had the cover for that period.
Have the steak, pay for the steak.0 -
Blimey that's very expensive mppi insurance0
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