Payment Protection Insurance (PPI) is a form of cover often sold to customers in conjunction with personal loans, mortgages, credit cards and other credit agreements.
The purpose of PPI is to cover a borrower against the risk of being unable to make repayments in the event of unexpected circumstances such as redundancy or an accident/sickness that prevents them from working.
However, most customers find that the insurance is pretty much useless as they never encounter circumstances where the protection is actually of use.
There has also been evidence of firms forcing customers to buy it, wrongly claiming its compulsory, refusing to give a quote without it and even adding the insurance to a sale without the permission of the customer.
If like most people you believe you have been 'mis-sold' payment protection cover then you can take the first step to reclaiming all your PPI charges/payments by contacting us. Our team of experts can help you claim back any money you have lost over the years through paying PPI premiums with minimum fuss.
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