Demands and needs query

[pinknico]

I wonder if anyone can help me, I have PPI on a secured loan and and in the needs and demands one of the reasons they thought their policy would be suitable is due to hospitalisation payout, if you go to hospital for 7 days they pay for 1 month and then daily. But in the small print it says this part of the policy only applies to 65 to 70 year olds ( i am 38!) I was told on another site this could be mis selling but wonder if anyone here can confirm or advise.

[TANZARELLI]

Re: Demands and needs query

I wonder if anyone can help me, I have PPI on a secured loan and and in the needs and demands one of the reasons they thought their policy would be suitable is due to hospitalisation payout, if you go to hospital for 7 days they pay for 1 month and then daily. But in the small print it says this part of the policy only applies to 65 to 70 year olds ( i am 38!) I was told on another site this could be mis selling but wonder if anyone here can confirm or advise.

I would say so yes. The demands and needs is supposed to show the reasons for the policy and things you have discussed etc, but often they are just tick boxes pre-completed by the salesman and often placed in front of a customer to sign.

You need to think back to the point of sale and think about how it was sold to you. Other things might help to build your claim such as being told you could have a loan if you took out PPI also. There are loads more points to consider also.

If you were told the hospitalisation payout was a good reason for you taking the loan and its not applicable then I would say you have ground to go for mis-sale of policy.

[enaid]

Re: Demands and needs query

Hi pinknico,
You are in the right forum and in here there is lots of info about mis selling and the reasons for it.
Have a read and then you will have a rough idea of the procedure for claiming back mis sold PPI.
There should also be some letters that even if they do not fit your situation exactly you can amend to suit you.
Hope this helps for now and please ask if you need any more help Enaid x

[pinknico]

Re: Demands and needs query

I would say so yes. The demands and needs is supposed to show the reasons for the policy and things you have discussed etc, but often they are just tick boxes pre-completed by the salesman and often placed in front of a customer to sign.

You need to think back to the point of sale and think about how it was sold to you. Other things might help to build your claim such as being told you could have a loan if you took out PPI also. There are loads more points to consider also.

If you were told the hospitalisation payout was a good reason for you taking the loan and its not applicable then I would say you have ground to go for mis-sale of policy.

Thank you.
------------------------------- merged -------------------------------

Hi pinknico,
You are in the right forum and in here there is lots of info about mis selling and the reasons for it.
Have a read and then you will have a rough idea of the procedure for claiming back mis sold PPI.
There should also be some letters that even if they do not fit your situation exactly you can amend to suit you.
Hope this helps for now and please ask if you need any more help Enaid x

Thank you

[TANZARELLI]

Re: Demands and needs query

No problem. I am currently going after Welcome Finance for miss-selling. Its a new area which I am finding more dodgy by the day.

Good luck with it and post up if you have anymore questions and someone will be able to help.

Regards

Tanz

[pinknico]

Re: Demands and needs query

I am after Picture Financial and they are in receivership so my case has had to go to the FSCS.

I am also waiting for a reply from Future Mortgages for mis selling / unfair rebate.

[TANZARELLI]

Re: Demands and needs query

I am after Picture Financial and they are in receivership so my case has had to go to the FSCS.

I am also waiting for a reply from Future Mortgages for mis selling / unfair rebate.

Ahhgh those Picture TV ads with the bloke on the phone with a football really used to annoy me.

Have a look at these for a laugh.

Good look with the claims also.

http://www.youtube.com/results?searc...=Picture+Loans

[Guest]

I wonder if anyone can help me, I have PPI on a secured loan and and in the needs and demands one of the reasons they thought their policy would be suitable is due to hospitalisation payout, if you go to hospital for 7 days they pay for 1 month and then daily. But in the small print it says this part of the policy only applies to 65 to 70 year olds ( i am 38!) I was told on another site this could be mis selling but wonder if anyone here can confirm or advise.

This is ridiculous!

It reminds me of those comedy signs in shops that say "Credit only available to those over 90 years old if accompanied by both parents."

Did they seriously suggest that you needed this cover, despite knowing exactly how old you were?

It is about the most blatant incidence of mis-selling I have ever seen.

[pinknico]

Re: Demands and needs query

This is ridiculous!

It reminds me of those comedy signs in shops that say "Credit only available to those over 90 years old if accompanied by both parents."

Did they seriously suggest that you needed this cover, despite knowing exactly how old you were?

It is about the most blatant incidence of mis-selling I have ever seen.

I hope you are right, I will let you know how it goes!