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NatWest and RBS to cancel 1,000s of PPI policies - check if you need yours - MSE News

Former_MSE_Callum
Posts: 696 Forumite



NatWest, Royal Bank of Scotland and Ulster Bank will cancel thousands of customers' PPI policies from midnight on 29 December - if you need a policy, you'll have to find another provider...
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'NatWest and RBS to cancel 1,000s of PPI policies - check if you need yours'

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'NatWest and RBS to cancel 1,000s of PPI policies - check if you need yours'

Click reply below to discuss. If you haven’t already, join the forum to reply.
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Apologies should now be fixedRead the latest MSE News
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The irony of posting this on a forum devoted to PPI refunds is not lost on me.
Clearly, these Banks have made a business decision to no longer offer a very toxic product which many people mistakenly believe it was somehow wrong to have in the first place.
There is no doubt these policies were expensive and limited in scope. I therefore truly doubt there will be "thousands" who still want credit card and loan PPI.0 -
Few providers still offer ppi products because of the complaint risk. So those with policies being cancelled may not be able to get alternate cover.I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
How long before there are claims for compo for having your PPI cancelled I wonder?0
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