Medical Insurance Pre existing conditions

[skyways]

Re: Medical Insurance Pre existing conditions

Hello there , just to bring you up to date,After many phone calls from my wife (as I am hard of hearing) they are paying out, but only from when I was declared not fit for work,which was February this year.,not 2007.A bit disappointed but glad that they are covering the loan full term, this is security for us,when get it in writing I will post it on the Beagles,which should be in the next few days.

[Turboman]

Re: Medical Insurance Pre existing conditions

Hmmmm---will re read all paperwork again this afternoon Skyways

I thought your claim was a lot earlier--when you was assessed as unfit for work by your employer's contracted medical organisation???

Turbs

Hello there , just to bring you up to date,After many phone calls from my wife (as I am hard of hearing) they are paying out, but only from when I was declared not fit for work,which was February this year.,not 2007.A bit disappointed but glad that they are covering the loan full term, this is security for us,when get it in writing I will post it on the Beagles,which should be in the next few days.

[skyways]

Re: Medical Insurance Pre existing conditions

Hi There ,I am sure it was Feb 22 this year will look for document.

[Turboman]

Re: Medical Insurance Pre existing conditions

I'll go over everything again too

Hi There ,I am sure it was Feb 22 this year will look for document.

[des8]

Re: Medical Insurance Pre existing conditions

they are paying out, but only from when I was declared not fit for work,which was February this year.,not 2007.

That would be correct as Insurers will only pay out from the time you become unfit for work. The indemnity period will be limited too, probably for 12 or 60 months. As loan was long time most likely 60 months, payout calculated on daily basis.

[Turboman]

Re: Medical Insurance Pre existing conditions

But what of this letter page 2 in post 185--highlighted in red--

http://www.legalbeagles.info/forums/...434#post372434


which is what i based my forecast payout on

[TUTTSI]

Re: Medical Insurance Pre existing conditions

It looks like they made a mistake in that letter Turbs in that paragraph that you are highlighting they do say Feb 2007 and go on to state state from when Skyways was unfit to work, I think that should have stated Feb 2013 as this is when he was unfit for work and not in 2007 when he went to the doctors with some symptoms but NO diagnosis.

If you believe that I am correct Turbs/Bill can you rework out for Skyways what he should now be receiving is £'s and don't forget the £100..............

But what of this letter page 2 in post 185--highlighted in red--

http://www.legalbeagles.info/forums/...434#post372434


which is what i based my forecast payout on

[Turboman]

Re: Medical Insurance Pre existing conditions

I suspect that that was an error in the letter which we all accidently missed---I suppose we can't hold them to it in view of the first paragraph detailing the Claim date

Soo--we miss out on the 8% interest from the date of Feb/2007---I will project new figures for you in a bit--but just re reading the Loan Agreements etc


EDIT--Tuttsi posted exact same as I was preparing this draft post-lol

[Turboman]

Re: Medical Insurance Pre existing conditions

Skyways
Please pm me the Current mthly pymnt amount of the loan....pm not Simiantics

[des8]

Re: Medical Insurance Pre existing conditions

Just come home, and seen the later posts.
As everyone (No dissenters?) agree that 2007 was an obvious error and the insurers cannot be held to it.

Of course it does mean the monthly payment will be met until Feb 2018, so in the long term Skyways is not short changed.

[skyways]

Re: Medical Insurance Pre existing conditions

Hi There ,Payment is £199 per month.

[Bill-K]

Re: Medical Insurance Pre existing conditions

Of course it does mean the monthly payment will be met until Feb 2018, so in the long term Skyways is not short changed.

Agreed, Des. As Turbo has implied, it does mean a reduced amount, as the 8% interest will be reduced drastically - but Skyways is not short-changed.

[Turboman]

Re: Medical Insurance Pre existing conditions

So revised figures:

Loan is over 132 months with first payment date on 19/3/2007 and last on 19/2/2018

So from first unpaid claim amount was19/3/2013---
-So Skyways is owed 8 @£199.69 = £1,597.59
-+ 8% inteerst of £41.62
--sub total £1,639.14

++£100 compensation
---GRAND TOTAL OWED TO SKYWAYS = £1,739.14 as at 31/10/2013 [+ around 35p a day each day not paid after 1/11/2013

Revised SS attachedfollowing:

Revised-Skyways-2.xls



Then as policy is limited to 60 months--Skyways will have 52 future payments paid to him [52 @£199.69 = £10,383.88] each month until 19/2/2018 ( which by co-incidence is the date of the last payment due


NOTE: The payments will be paid to Skyways BUT of course the original loan amnt must still be paid--IF 2
CONSECUTIVE PAYMENTS ARE MISSED--THEN THE PPI AMOUNTS BEING PAID WILL BE NULL AND VOID THEREAFTER

[skyways]

Re: Medical Insurance Pre existing conditions

Hi Turboman, Thanks for your time and effort on this,it looks complicated to me, and I will post the document that will surely arrive in the coming week for you to view .I am relieved at the out come all the same at least it gives us a bit of security,but wonder why we had all this stress at all.Do you think lie detector tests are any good? or have I been watching to much telly? I did not believe how hard it was to get people to believe that your telling the truth.Will keep informed.

[Angry Cat]

Re: Medical Insurance Pre existing conditions

Lie Detectors for Bankers, what an excellent vision...
Love it!
skyways, has been treated disgracefully; very, very UNFAIR:tinysmile_cry_t: