It says that MPP is different from the other forms of PPI under investigation for credit cards and unsecured personal loans.
The Competition Commission published its latest findings on the PPI market on November 13 and in its response, AMI has once again called on the CC to exclude Mortgage PPI from its investigation.
Chris Cummings, director general of the AMI, says: “We again urge the Competition Commission not to take a one size fits all approach to their investigation.
“We were pleased to see confirmation that the prohibition of the active sale of PPI by a customer within 14 days of the sale of credit had not been applied to intermediaries and only distributors.
“However, we also call again for the Commission to acknowledge and understand the benefits to consumers of using intermediaries who act as agents of the client.”
AMI also wants the CC to consider the consequences of banning single premium PPI and introducing any additional regulation for protection products that could force good firms to go under. But it wants regulation to be applied to price comparison websites.