Loan Insurance Complaint »
If you have been missold a payment protection insurance policy, you could be entitled to reclaim loan insurance payments that you have made over the years. Most insurers offer payment protection on loans, credit cards and mortgages which promise that in the event that you become ill or unemployed and therefore cannot make the repayments, the policy will make sure they are covered.
Unfortunately, many people are missold these polices, either by being told they have to take out payment protection to get the loan, or being sold it even though their circumstances i.e. their age or employment status, means they will never actually be able to make a claim. In fact, 85% of people who make a claim on their PPI are refused. If this sounds like you, you may have a case to reclaim loan insurance payments that you have paid.
There are some check points you can make to see if you have a case – just go to our Unfair Payment Protection Insurance page. It can help you discover if you have been a victim of PPI misselling and if you have a case for compensation.
Otherwise, just fill in our Loan Insurance Complaint form, and we will put you in touch with reclaim loan insurance specialists Claims Financial, they will look at your individual circumstances to discover if you have a case for compensation.