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  • FIRST POST
    • Andy Bell
    • By Andy Bell 19th May 19, 9:15 PM
    • 3Posts
    • 0Thanks
    Andy Bell
    Redundancy and sickness insurance
    • #1
    • 19th May 19, 9:15 PM
    Redundancy and sickness insurance 19th May 19 at 9:15 PM
    Hi

    In the early 2000s I had one of these policies. Do the same rules apply as to PPI? Does the Plevin ruling apply to this sort of policy?

    Many thanks for any advice

    Andy
Page 1
    • dunstonh
    • By dunstonh 19th May 19, 9:25 PM
    • 98,597 Posts
    • 67,050 Thanks
    dunstonh
    • #2
    • 19th May 19, 9:25 PM
    • #2
    • 19th May 19, 9:25 PM
    In the early 2000s I had one of these policies. Do the same rules apply as to PPI?
    What rules?

    It is a form of PPI but it is one of the better types and you can still buy that type today.

    Does the Plevin ruling apply to this sort of policy?
    No. These plans are not linked to a credit agreement. So, S140a of the consumer credit act does not apply.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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