PPI Claims
Payment Protection Insurance (PPI) policies are designed to cover the cost of loan repayments in the event that you were off work sick or became unemployed.
Can You Make A PPI Claim ?
The trouble with PPI is that a lot of people who were sold PPI didn’t need the cover, and in a lot of cases the policies were sold to people who would never be able to claim, for example people who were retired, self-employed and unemployed. Also pre-existing illnesses such as back injuries or stress, which caused you to be off work, are often excluded from the contract and so you would not be able to claim.
As it has been reported in the papers some of the major banks have already been fined for mis-selling. It is estimated that over £10 Billion of policies have been sold and as many as 30 million policy holders may have a claim for compensation.
You may have been mis sold PPI if any of the following statements apply to you:-
You were told you had to take out PPI in order to get the loan or product
You were pressured into buying PPI
You were not informed you could buy PPI from an independent Provider 80% cheaper
You were NOT told about any exclusions
You were not asked whether you already had sufficient Insurance cover
If you think you have a valid claim for PPI compensation then talk to an agent today, there is no obligation . We offer “no win no fee” so you have nothing to lose and a great deal to win!