Paying premiums whilst claiming.

[middenmess]

Probably a slightly different thread to most on here as I have no real issues with PPI as I have made several successful claims for illness on credit cards [self employed] over the years for up to the maximum 12 months.

My question is that during the period when a claim is being paid should the PPI/Credit card protection Insurance, which is charged as a percentage of your outstanding balance every month,still be charged and paid.

My argument would be that as you are already being paid out with a successful claim what would you be paying PPI for during this claim period? --If likened to say, car insurance,then if your car was written off in an accident and the insurance company settled the claim then the balance of your years insurance would credited against your next policy or you could claim a partial refund.
You wouldn't continue to insure a car that was written off and make a further claim on it!

I did query this whilst claiming but was fobbed off with some waffle or the other and didn't feel up to persuing the matter at that time but now that I'm into the swing of the CAG I thought I'd seek the opinion of other caggers.

Not sure if I've explained myself too well but I expect that you can get the gist of it.

[alanalana]

Originally Posted by middenmess

Probably a slightly different thread to most on here as I have no real issues with PPI as I have made several successful claims for illness on credit cards [self employed] over the years for up to the maximum 12 months.

My question is that during the period when a claim is being paid should the PPI/Credit card protection Insurance, which is charged as a percentage of your outstanding balance every month,still be charged and paid.

My argument would be that as you are already being paid out with a successful claim what would you be paying PPI for during this claim period? --If likened to say, car insurance,then if your car was written off in an accident and the insurance company settled the claim then the balance of your years insurance would credited against your next policy or you could claim a partial refund.
You wouldn't continue to insure a car that was written off and make a further claim on it!

I did query this whilst claiming but was fobbed off with some waffle or the other and didn't feel up to persuing the matter at that time but now that I'm into the swing of the CAG I thought I'd seek the opinion of other caggers.

Not sure if I've explained myself too well but I expect that you can get the gist of it.

I would tend to tread carefully as if you decide that the payments you are making to give you the cover are not applicable due to the claim your are making then the people making the claim may decide that the claim is in fact outwith the final results.

aa

[middenmess]

Hi Alanalana-claims are long finished and in the past.

Have read your reply several times but not sure that I really understand it.

'.....then the people making the claim may decide that the claim is in fact outwith the final results.'

It's probably me as it's getting late but could you elucidate?

[alanalana]

I believe that as you have made successful claims on your PPI then at least it shows that the PPI in your own particular case does work if you need it.

I would not advise you to go along the path of your post 1 where you suggest, if you are making a valid claim should you still be having to pay the PPI premiums.

If you believe you should not be paying the PPI premiums because you are making a claim on the policy then you should perhaps also consider if you question this and suggest that you should not be having to pay the premiums because you are making a valid claim. Then you could be putting yourself at risk because if you say you should not be paying the premiums then they could counter you are not paying the premiums so we will not pay the Insurance. (Just food for thought)

aa