Reclaim Payment Protection Insurance (PPI) Premiums
Have you taken out a loan/mortgage/credit card/hire purchase within the last 6 years?
Did you get pushed into taking out a PPI Policy at the same time?
If so, you may be entitled to reclaim the premiums you have paid, with interest!
It is estimated that up to 70% of all PPI policies were mis-sold:
PPI is insurance which supposedly covers the minimum payment of the credit, should you become unemployed/unable to work (etc), although PPI is notoriously difficult to claim against. PPI Policies contain many exclusions, rendering them invalid for the majority of policyholders. Many people who have PPI Policies only find out that they are not eligible to claim against the insurance they have been paying for, when they try to make a
claim! Which means they have been paying for nothing!
Many of the people sold PPI were not even aware that they were taking out the policy, some felt pressured into taking the product (often being told that it was compulsory), in the majority of cases the true cost of the PPI policy was not explained to the
customer. Some PPI policies can be as much as 50% of the credit issued.
Clearly anyone paying this much should have been informed of the cost & that they could obtain the cover cheaper elsewhere.
If you believe you have been mis-sold a PPI policy within the last 6 years, start your claim
today. We can help you reclaim the premiums you have paid!
Start your PPI compensation claim today! >