PPI Claims – Real Cases

February 17th, 2010 by admin

Mis Sold PPI, Real Examples And The Outcomes Of PPI CompensationThose people hoping to make PPI claims may well find the following examples valuable in guidance with assessing the suitability of cover and the potential issues of either deliberate or unintended non-compliance with the small print!Mrs T from London said that she was encouraged to take out insurance policy when she took out a personal loan. When she hesitated over this the ‘helpful’ advisor indicated it would certainly be a beneficial concept ‘just in case’. Now she is pregnant and unsurprisingly, is not necessarily covered for maternity leave.Mrs V from Essex made her loan cover claim right after being made redundant from her nicely paid employment having made repayments for three years. She duly signed on with the Job centre as a condition of her insurance policies although she thought it unrealistic that she would come across a job as well paid as her past position. This turned out to be the situation and following three months her Job centre consultant insisted she take a placement as a Filing Clerk. Mrs V deemed this type of job intolerable and unsurprisingly ceased visiting the job centre and was consequently powerless to pursue her claim.Mr T took out a mortgage in 1989 and his broker set up PPI with the lender for him as a self-employed companion in business. Mr T specially asked if he would be protected as a self-employed person and was told without a doubt. The business failed, he tried using to make a claim but was told the small print said it only insured individuals who were declaring joblessness benefit.

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