PPI claim on deceased's will?

[Rufus]

Odd one this, asking on behalf of a friend and wanted a quick likelihood situation before bothering the accountant:

Quick summary, her husband died in 2012, and it has recently transpired he took out a loan over the period 2004-2008 which, I believe means he is likely to have paid some PPI and possibly therefore been a 'victim' of the various mis-sellings. Is it possible to claim back the money on a loan as an executor of a deceased persons estate?

Many thanks

[PurpleMoonlight]

So you don't know if there was PPI, you don't know the circumstances of the sale if there was, yet you have already decided it was mis-sold?

[Rufus]

The reason it has come about is she claims to have seen PPI payments on old bank statements as she begins sorting; I suppose an earlier question should have been 'Is there any way of knowing whether it was mis-sold or not now?'

[Simpo Two]

Well I suppose it wouldn't hurt to ask; the worst they can do is say no. The first question is whether any liability expires on death. If it does, move on.

[Nickyboy]

Wasn't the limit for claims 6 years?

Plus as it wasn't their account they company isn't going to entertain a claim from the wife

[Simpo Two]

Nickyboy said:

Plus as it wasn't their account they company isn't going to entertain a claim from the wife

It wouldn't be a claim from the surviving spouse but from the Estate, being responsible for the deceased assets. It is the Estate (run by the Executors) that claims, for example, on life insurance policies as the account holder is de facto defunct when it is required!