Payment protection insurance claims – Can I claim back PPI? 

Claiming back PPI is for people that have been mis sold payment protection insurance. One of the best ways to find out if you are eligible is to find the original paperwork that came with your loan agreement because the information that you are looking for should be featured there somewhere.  If this is not the case then it might be worth contacting the bank to find out what is going on with the financial agreement, because there might actually be PPI that you don’t know about.

What does PPI stand for?

PPI is an acronym for payment protection insurance, a service that was mis sold to hundreds of thousands in the UK. The banks and many finance providers incorrectly advised people to take out payment protection plans that they didn’t require – causing them to profit largely. A ruling by UK courts and the FSA forced that banks who have mis sold have to repay or offer adiquade compensation for their poor financial advice.
Making a claim for protection insurance is quite simple really, find a company that you feel you can trust and begin a claim for compensation. There is also an awful lot of online advertisements all over the place which is also helping to raise awareness of the possibilities around claiming back payment protection insurance. Especially online.
One company that I used and really liked is shown at this site, , they friendly people that are there to help you with your insurance claim. Claims usually take a few months to pay out and are very quick and efficient.
Some claims even pay out for more than £20,000!  Making a claim is so simple, even your grandmother could do it with her eyes shut.

The average value of the PPI claim is around £4,000 too, so it is worth claiming no matter what your loan agreement is.  PPI compensation claims have risen across the UK by a staggering 69% over the course of the past 12 months, in part due to the influx of the new advertisements on TV, newspaper, and radio.

Make a claim with a reputable UK company today to get back your mis sold protection insurance policy as soon as it is possible.


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