Advice on PPI Payment Protection Reclaims in the UK

Advice on how to reclaim Payment Protection Insurance PPI that has been missold to you...

PPI (payment protection insurance) is an insurance product often offered to consumers when they take out a. The idea of PPI payment protection insurance is it is there to cover a borrowers debt payments in the unforeseen event that they become unable to work.

Payment protection insurance claims (PPI) in recent years have been the center of much media attention. In the UK millions payment protection PPI policies have been sold with credit cards and loans in the UK - many of them were mis-sold allowing those people to reclaim their premiums back.

The problem with payment protection insurance arises when the product is sold at point of sale at the time of borrowing money and the seller promises cover to consumers that not even eligible to be covered under such policies such as:

• The self-employed,
• People with certain medical conditions
• Retired people
• Unemployed people.

Were you told the Payment Protection Insurance was mandatory?

• Some sellers of payment protection insurance have told the borrower that the payment protection insurance was as a mandatory condition for getting a credit regardless of whether the PPI Insurance is applicable or not.
• Some sellers of payment protection insurance have sold policies to consumers with pre existing medical history.

Who can reclaim payment protection insurance?

Many people have been sold payment protection insurance when they had no chance of claiming on it such as:

• The unemployed ma
• The self-employed
• The retired
• Those with pre existing medical problem
• Those sold ‘single premium' policies – where the whole cost of the loan is paid for up-front
• Those where PPI was not explained to them properly
• This told the insurance was compulsory

The problem is the growing number of people that have been mis sold payment protection insurance. There are many ways a member of the public who feels that they have been missold payment protection policy can get help to win PPI compensation with little inconvenience.

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.

• 'No Win - No Fee' Service and No Upfront Fees
• Expert friendly advice
• We will handle your case from start to finish.

Click here to complete your PPI Claim Form