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  • FIRST POST
    • Julie49
    • By Julie49 15th Apr 19, 9:35 AM
    • 2Posts
    • 1Thanks
    Julie49
    Life Assured
    • #1
    • 15th Apr 19, 9:35 AM
    Life Assured 15th Apr 19 at 9:35 AM
    Hi.

    I took out a mortgage through the Halifax 10 years ago and was told that as it finished after I had retired I needed to take out a Life Assured Policy to cover me in case I died.

    I donít really understand PPI and wondered if this would be eligible to claim for under PPI?

    Thank you
Page 1
    • BoGoF
    • By BoGoF 15th Apr 19, 9:40 AM
    • 4,240 Posts
    • 3,769 Thanks
    BoGoF
    • #2
    • 15th Apr 19, 9:40 AM
    • #2
    • 15th Apr 19, 9:40 AM
    You dont have PPI.
    • Nasqueron
    • By Nasqueron 15th Apr 19, 9:43 AM
    • 7,194 Posts
    • 4,538 Thanks
    Nasqueron
    • #3
    • 15th Apr 19, 9:43 AM
    • #3
    • 15th Apr 19, 9:43 AM
    You can only claim on life assurance if you die, so did you die?


    Life assurance is life assurance

    PPI is PPI

    Asking if life assurance is like PPI is like asking if bread is like bananas, 2 different products. If you had to have life assurance to get the mortgage then it cannot be miss-sold.

    Time to move on
    • dunstonh
    • By dunstonh 15th Apr 19, 10:12 AM
    • 98,000 Posts
    • 66,160 Thanks
    dunstonh
    • #4
    • 15th Apr 19, 10:12 AM
    • #4
    • 15th Apr 19, 10:12 AM
    PPi is a product. Life assurance is a different product. You cannot be "eligible" for PPI on a life assurance policy.
    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.
    • Julie49
    • By Julie49 16th Apr 19, 7:40 PM
    • 2 Posts
    • 1 Thanks
    Julie49
    • #5
    • 16th Apr 19, 7:40 PM
    • #5
    • 16th Apr 19, 7:40 PM
    Many thanks for your explanation and for responding so quickly. Much appreciated.
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