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    • AliK64
    • By AliK64 8th Apr 18, 3:34 PM
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    AliK64
    What can be claimed
    • #1
    • 8th Apr 18, 3:34 PM
    What can be claimed 8th Apr 18 at 3:34 PM
    Hi I have mortgage related protection cover which I currently pay 40.98 A month for. I was told that I had to take this out when I got my mortgage and has to be paid until the end of The mortgage. It has no cash in value or end pay out. It covers death and critical illness. Does anyone know if this is the sort of cover/policy that can be reclaimed under PPI ? Thanks.
Page 1
    • dunstonh
    • By dunstonh 8th Apr 18, 3:56 PM
    • 94,539 Posts
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    dunstonh
    • #2
    • 8th Apr 18, 3:56 PM
    • #2
    • 8th Apr 18, 3:56 PM
    Does anyone know if this is the sort of cover/policy that can be reclaimed under PPI ?
    Its not PPI.

    Nor is home insurance, car insurance, pet insurance or travel insurance or any other insurance that is not PPI.
    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.
    • Nasqueron
    • By Nasqueron 8th Apr 18, 6:48 PM
    • 5,473 Posts
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    Nasqueron
    • #3
    • 8th Apr 18, 6:48 PM
    • #3
    • 8th Apr 18, 6:48 PM
    It's life and critical illness insurance, not PPI, it was likely sold to you by a broker as part of a deal to get free advice (perfectly allowed) and means should you get injured and be unable to work or die your mortgage can be covered. Chances are it had some form of medical and would be well setup with a complete audit trail showing you agreed to it. Complaining wouldn't really gain much unless you can prove you are immortal and immune to any illness
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