Hi
Does anyone know if unemployment is excluded from EggPPI. The following is copied from their T&C's. My daughter has today been told that she is not entitled to the cover even though she has just become unemployed, but what they will kindly do is give her a payment break for 3 months and add it on the end along with the extra interest
incured. Surely this cannot be right
Unemployment/Unemployed: You being entirely out of Work and being registered for work with the relevant Government agency and in receipt of Job Seekers Allowance (or the equivalent benefit should this change). You must be actively looking for Work.
Additionally, if You are Self-Employed Your business must have totally and permanently ceased to trade as a direct result of it being unable to pay its debts as and when they fell due. If You are a woman who has reached statutory pensionable age You will be considered as Unemployed if You provide evidence throughout the period of Your claim that You are looking for Work.
This has got to be mis selling surely
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