What Is Payment Protection Insurance And Was It Mis-Sold To You?
Current Rating: 0/5 (0 votes)
|  |
| Posted : Dec, 21, 2011 | Author [MJW11]
|
if you are unable to work for reasons such as illness, accidents or being made redundant, then a payment protection insurance policy, or ppi, comes in handy. ppi is usually taken out alongside a loan, mortgage or credit card and covers debt repayments when you are unable to wor. an agreed sum of money is paid out every month to fully or partly cover payments due and the policy will typically cover the payments for up to 12 months.
however, many people have been mis-sold ppi. if you have taken out a loan, mortgage or credit card in recent years, then chances are that company tried selling you payment protection insurance without telling you that it was optional, instead including it in the loan agreements without you having agreed to anything. this means that you would not have had explained to you that the policy may not cover you if you were unemployed, self-employed, retired or had an existing medical condition, which could possibly mean that the policy was mis-sold to you.
there are around 35 million payment protection insurance policies in the united kingdom and many of these are believed to have been mis-sold. many people with mis-sold policies either don't realise they are entitled to a claim, or don't know how to make a claim.
if you want to know if you are eligible for a claim, you should turn to a claims advisory group for help. most of these companies have a 'no win, no fee' policy meaning that, if your claim is not successful, you will not be charged.
the claims advisory group are a group specialising in recovering mis-sold ppi policies. they employ a expert team of negotiators and solicitors to help you recover back mis-sold ppi. a few minutes of your time could be worth thousands in your pocket!
so, if you think you have been mis-sold ppi then don't delay; let claims advisory group help you reclaim what you're entitled to!
The article has been viewed 58 times |
|
| Register/Login to publish this article exclusively on your website or blog! |
Most Recent Articles What Is Payment Protection Insurance And Was It Mis-Sold To You? (Dec 21,2011 07:23:45)
|
Most Viewed ArticlesWhat Is Payment Protection Insurance And Was It Mis-Sold To You? (58 times)
|
Most Rated Articles |
