Do you want to find out more about the process of filing PPI claims? Many people are now successfully claiming back their premiums after having been mis-sold this type of insurance.
How do you know if the policy was mis sold to you? Here are some things to bear in mind when assessing whether you were mis sold PPI.
Payment protection insurance an overview
Payment protection insurance policies are usually sold together with home loans, credit cards, and other types of loans. It can pay for your debt repayments every time you cannot work due to the injuries you have acquired from accidents. Although PPI is not really a scam, numerous cases of mis-selling have made it one of the most intriguing kinds of insurance policy.
Since this insurance policy is usually included in mortgages, credit cards, and loans, some people do not know that they took out this policy. You can find out if you have this policy by examining the documents you have received after you qualified for your loans. You can also contact your finance providers or lenders to ask whether you took out this insurance policy.
Was it mis sold to you?
After finding out whether you have this policy or not, you can now check whether it was mis sold to you. If you were self-employed or unemployed when you purchased your payment protection insurance, you certainly have a case worth pursuing. Moreover, if you were led to believe that you had to take out the policy in order to be approved for credit, this is another sign of mis-selling.
If you’d like specialist help with reclaiming unfair payment protection premiums, complete our quick test and we’ll let you know whether we can handle your case on a no win no fee basis.
