Hiya,

I just received another letter from CPP which included a "Compensation Claim Form".

One of the section on this form is "Section B: Why you want to be considered for compensation?".

I've had the CCP thing on my Barclays Credit Card since about 2006,

I do recall the Barclays staff urging me to take out this policy in order to protect from fraud, identity theft and such,

and they were very insistent that I take it out.

What would you recommend to put in this section?

Shall I just mention that I was aggressively mis-sold a policy that I did not need? Thanks!

P.S. Not sure if this is relevant,

but in December CPP took out another premium for this silly policy of 80 odd pounds from my Credit Card,

I immediately got in touch with the Barcalycard who advised I contact CPP directly and ask for cancelation and a refund,

which I promptly did as well as give them a earful about how ridiculous it is to continue to take money from customers for a useless product.

if I remember correctly, they were going to give you the reason to put in the box within the letter you have received

Well the letter does say, under a section titled Why you may be entitled to a refund that:

You may have been given misleading or unclear information when you were sold your card protection, such as: - the policy said it covered you fro up to £100,000 (figure varied over time) worth of unauthorised transactions that occur after you inform CPP that a card was lost or stolen. But you did not need this element of the product's cover because your bank or card issuer was responsible for any transactions after your card had been reported lost or stolen. - the policy said it covered you for up to £5000 (figure varied over time) worth of unauthorised transactions that occur before you inform CPP that a card was lost or stolen.But we did not explain that you would only be liable for unauthorised transactions in limited circumstances, as your bank or card issuer would usually cover you for anything over the first £50 of those transactions. You may also have other concerns with the way your card protection policy was sold to you

I want to be considered for compensation because the policy was aggressively mis-sold to me by a Barcalycard/CPP representative who presented misleading and unclear information as a result of which I took on a policy which I did not need as I was already adequately protected by my credit card issuer.

Azer - just rec'd same package and come accross your thread looking for the answer to the same question.

hope caggers in the know might provide some help.

Azer - just rec'd same package and come accross your thread looking for the answer to the same question.

 

hope caggers in the know might provide some help.

cheers - will do

Great! Thanks for the help! Will proceed as advised and revert if any problems with this approach.

just to be absolutely clear the policy figures in Jan 2005 were £50,000 and £1,000, increasing to £100,000 and £5,000 by 2008, which is why they say "figure varied over time", and dont forget if you bought or renewed prior to 14/01/2005, claim prior to that date from your credit card supplier at the int rate they charged you

Thanks for the info Old Rouge! Much apprecaited!

REF: CPP "Compensation Claim Form".

What to fill In "Section B: Why you want to be considered for compensation?"

Keep it short and sweet and straight to the point, simply write:

1. I didn’t realise the plan was being offered by CPP, a third party

2. I was not aware you were already covered by the bank’s own anti-fraud policies

3. My bank told me it was an essential purchase

4. I purchased your policy based on unclear information

5. The risks the insurance protects against were overstated

I do recall the Barclays staff urging me to take out this policy in order to protect from fraud, identity theft and such,

and they were very insistent that I take it out.

What would you recommend to put in this section?

Shall I just mention that I was aggressively mis-sold a policy that I did not need? Thanks!

P.S. Not sure if this is relevant,

but in December CPP took out another premium for this silly policy of 80 odd pounds from my Credit Card,

I immediately got in touch with the Barcalycard who advised I contact CPP directly and ask for cancelation and a refund,

which I promptly did as well as give them a earful about how ridiculous it is to continue to take money from customers for a useless product.

Thank you Lee!

You may have been given misleading or unclear information when you were sold your card protection, such as: - the policy said it covered you fro up to £100,000 (figure varied over time) worth of unauthorised transactions that occur after you inform CPP that a card was lost or stolen. But you did not need this element of the product's cover because your bank or card issuer was responsible for any transactions after your card had been reported lost or stolen. - the policy said it covered you for up to £5000 (figure varied over time) worth of unauthorised transactions that occur before you inform CPP that a card was lost or stolen.But we did not explain that you would only be liable for unauthorised transactions in limited circumstances, as your bank or card issuer would usually cover you for anything over the first £50 of those transactions. -Cheques have started to be sent out, using these reasons as previously explained

Cheers TheOldRogue, will be keeping an eye out for mine!

Hi,

Newbie here.

I received the CPP forms, but there were accidentally shredded in a clearout.

Is there any way I can get a replacement form?

Thanks

Hi,

Newbie here.

I received the CPP forms, but there were accidentally shredded in a clearout.

Is there any way I can get a replacement form?

 

Thanks

Perfect. Thanks

Just received a cheque yesterday for £60.20 for having CPP for around 2 years on a credit card a long time ago.

I pretty much used the wording in the claim form.

I was misled / not made aware that I was already sufficiently covered under existing banking/credit card regulations.

2 letters, 2 replies sent back, 2 mins of my time and a £60 refund / result.

Thanks to people from CAG and like minded people bringing this out in the open.

Just received a cheque yesterday for £60.20 for having CPP for around 2 years on a credit card a long time ago.

I pretty much used the wording in the claim form.

I was misled / not made aware that I was already sufficiently covered under existing banking/credit card regulations.

2 letters, 2 replies sent back, 2 mins of my time and a £60 refund / result.

Thanks to people from CAG and like minded people bringing this out in the open.

Good stuff...every little helps!