Abbey National Paymentcare Reviews
Description:Life assurance and critical illness insurance.
Newest Review: ... however unlike other insurers Abbey do not charge a credit rate for paying monthly. Finally you will sign the declaration and with this particular policy it is important that you can satisfy the terms of the declaration otherwise you may find that any claim you make will be rejected, more on this later. To be eligible for the policy you have to be between the age of 18 and 65, have a ... more
Customer Abbey National Paymentcare Reviews (2)
by Diane - written on 01/09/09
I also took PPI insurance from Abbey, and cannot fault the insurance provider, but unlike the previous gentleman my PPI has affected the amount I receive from Jobseekers (income related).The amount related to my mortage has not affected my benefit but a loan related to a car purchase has. Jobseekers are treating this amount as income "stating that I don't have to pay it" therefore reduced my jobseekers allowance to £8.00 per week.Has anyone else had a similar issue?
by - written on 14/03/06 (Very useful, 1825 readings)
Paymentcare is the Abbey product name for a mortgage payment protection plan to be used primarily in connection with a mortgage however it can be used to cover other outgoings in addition to your mortgage payments. Of all the financial products that I have ever taken out or invested in this has probably been the best one as it has effectively allowed me to take 12 months off from the working world and to use that time to switch careers without the worry of paying for my mortgage or any other bills that I have to pay. Purpose of Plan The plan is designed to cover your mortgage payments and other bills in the event of you either suffering a ... Read the complete review