Why is my PPI or income protection policy closing?

Why are you cancelling my policy?

Together with Monument – the provider of the insurance – we've made a decision to withdraw our payment protection and income protection products. This decision was not taken lightly and our regulators are aware of these changes.

Can I carry on paying for my policy if I want to keep it?

It won't be possible to keep your policy because we will no longer offer this cover. Unfortunately, we don't have an alternative product to offer you, and neither does Monument.

If you want alternative income protection cover, you can contact the Money Helper Service for independent advice. You can also talk to them online through their chat service or call 0800 138 7777. For more details, please see the letter we have sent you.

When will my last premium be collected?

Barclaycard Payment Protection Insurance:
Please see the letter we sent you or call us on 0800 282 390. Lines are open Monday to Friday from 8am to 8pm, and Saturday from 9am to 5pm. Find out more about call charges.

All other policy types:
You'll find the details of your final policy payment in the letter we sent you.

When will my policy end?

Barclaycard Payment Protection Insurance:
Please see the letter we sent you or call us on 0800 282 390.

All other policy types:
Your policy will automatically end on 30 June 2023. You'll be covered until this date.

Why did you collect a premium in June?

You pay for your policy at the end of each month, so the payment you made at the end of June paid for your cover throughout June. This means that you can make a claim up to the end of 30 June 2023.

Who can I contact if I have a question about my policy?

If you would like to make a claim, have an existing claim or have a question about any other policy, please contact Monument on 0800 422 0119 (lines are open Monday to Friday, from 9am to 5pm).

For any other questions about your Barclaycard Payment Protection Insurance policy, please call us on 0800 282 390.

Where can I get an alternative policy from?

You can contact the Money Helper Service for independent advice. You can also talk to them online through their chat service or call 0800 138 7777. You can also speak to an independent financial adviser.

What will happen to any claims I've made?

If you have an existing claim, it’ll be assessed as normal for the duration of your claim, subject to your maximum claim period. You'll still need to continue to meet the conditions and criteria in your policy document.

Can I submit a new claim?

If the event you're claiming for happened before the policy end date, then you might still be able to claim. Examples of claim events include the date you were made unemployed, or had your accident, or absence from work.

If the claim event happened after the policy end date, then you won't be covered because your policy closed on 30 June 2023. This applies to all policies except Barclaycard PPI.

Barclaycard Payment Protection Insurance:
To find out when your Barclaycard Payment Protection Insurance policy will be closed, please call us on 0800 282 390.