What is PPI?
In recent years, many companies have been selling Payment Protection Insurance policies without informing clients they were optional. Instead they automatically included them in their Loan Agreements without customer’s prior agreement. This mis-selling leaves customers unaware that they may not be covered by their policy if they are unemployed, retired or even self-employed. In these cases, any claim would be rejected which effectively renders their policies useless.
The FSA has also stated that vendors have to justify why single premium policies are suitable for clients. If you aren’t aware of the method of paying for your insurance policy, it is possible that you have been the victim of a mis-sale.
Furthermore, if you have an existing medical condition it’s highly unlikely that the policy would ever pay out on this basis either. If this wasn’t explained to you at the time of the sale then it is possible that the policy was mis-sold to you.
Claim Professionals as part of the Claims Advisory Group helps people like you reclaim what is rightfully yours. A few minutes of your time could be worth thousands of pounds back in your pocket. Simply submit your details to see if you are eligible to claim a refund of the premiums that you have paid.
Call us on 0800 088 4673
