broke dave v HFC (Beneficial)

[broke dave]

Hi all,

I'm back! Been a bit slow on this one, but now taking on HFC for PPI refund. Initial letter resulted in PPI being cancelled and an enquiry started . No joy so far and they have another 3 weeks to sort something out. They seem to be having difficulty finding the paperwork . Having read a number of threads on here it looks as though I am in for quite a fight. No worries, I took on LTSB and won; so quite looking forward to being an active member again.
It's great to be back amongst like minded people - let battle commence

bd.

[alanfromderby]

Why do you consider the PPI was missold?

[broke dave]

Alan,

1. I am self employed (and have been for nearly 8 years)
2. Every phone call I have received has referred to me being 'employed' by '______'. To which I have replied that's me!
3. The bank account is named 'broke dave T/A _____'; a sure sign that it is a sole trader account.
4. The box about the nature of my hobbies make me at a higher risk of injury has been ticked (I play golf and walk my dog!)
5. Due to the nature of my job (I'm a fitness consultant), I am at a high risk of injury!

Do I need to go on? Have I missed something?

bd.

[alanfromderby]

LOL....seems clear cut misrepresentation then. Enjoy the ride.

[ReasonableRon]

Genuine question: Why is it considered mis-selling if self employed? The only policies I have seen appear to cover self employed in the event of the business going under (unemployment claim) and accident/sickness claims would be the same as for an employed person wouldn't they?

[broke dave]

Accident/sickness claims are only allowed if it is shown that you are not receiving any income from your business. So, if I am off sick and for instance I charge £50 per hour, I could ask you to cover my appointments for £25 per hour. I am still then earning £25 per hour myself. Even if this is for just a couple of hours to honour agreements, I am not covered.

[debt_mountain]

the 6 policies i have had all excluded self employee . . . Full stop.
Blackhorse Citi and GE

[ReasonableRon]

Originally Posted by broke dave

Accident/sickness claims are only allowed if it is shown that you are not receiving any income from your business. So, if I am off sick and for instance I charge £50 per hour, I could ask you to cover my appointments for £25 per hour. I am still then earning £25 per hour myself. Even if this is for just a couple of hours to honour agreements, I am not covered.

I know there must be differences between policies, but I thought an accident/sickness claim only needed certifying by the medical profession i.e. if unable to work then a claim can be made - makes no difference what other income you may have.

I've just checked this on my own PPI policy on my mortgage (which I asked for and it's good value IMO.....you wouldn't want my mortgage payments !!) and that's pretty much what it says.

[hellhasnofury]

Policies differ from company to company, you need to read the terms and conditions of your policy. (if they ever sent them). Which many don't

There are some good ppi policies out there, and it is great if you are fortunate to be able to claim on them.

Many financial companies have preyed on the ignorant and have blatantly taken advantage of their customers, especially those who have had the misfortune to be desperate for a loan. Some customers don't even know the have it, till they start to investigate. Really good selling techniques there

[Hopeful1]

Sometimes with policies they say they cover certain circumstances, but the restrictions make it nigh on impossible to claim anyway.

[tonycee]

Originally Posted by hellhasnofury

you need to read the terms and conditions of your policy. (if they ever sent them). Which many don't

Have been asking for a copy for since 13 August.
Why wont they sent me one. ????????????????????????? ???? lol