Money Advice Direct
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A PPI policy is an insurance policy that exists to cover the monthly repayments on outstanding borrowing of a consumer who takes this insurance out in the event the person is not able to work due to his sickness or unemployment. PPI insurance is also known as:
In the UK there are several firms offering payment protection insurance PPI and there are lots of advantages of taking out such a policy isn’t a bad product. The problem is, however, thousand of customers have been missold a PPI policy and to this end there are now 10,000’s of claims going though for missold insurance policies and the number of cases for missold insurance are also increasing.
The PPI insurance policy claims process
If you’re not sure what do to next – get in touch with us. We should be able to sort out which company is involved and pursue then for compensation.