Unfair Payment Protection Insurance

Reclaim £££s in unfair PPI…

Many lenders offer Payment Protection Insurance on loans, credit cards and mortgages, promising that payments will be covered in the event of financial hardship. But the reality is that most people who make a claim fail, due to ‘exclusion clauses’ in their policies that they were not made properly aware of at the time of sale.

Take a look at the points below – if any of them apply to you at the time of sale, you were likely to have been a victim of unfair payment protection insurance and probably have grounds for a complaint:

  • You were told the insurance was necessary for you to get the loan
  • You were under 18 or over 65
  • You worked less than 16 hours a week
  • You were employed on a temporary or contract basis or were aware you may become unemployed
  • You suffered from stress or backache or had an existing illness
  • You were not told about the true cost of the insurance, (or not told you were buying it at all).
  • You were not asked about any other insurances you had
  • You were not told that the same policy could potentially be bought elsewhere cheaper.
  • You paid for loan insurance upfront and it was not refunded to you when you paid back your loan early.
  • The terms & conditions of the loan insurance policy were not properly explained to you.
  • You were put under pressure to take out the loan insurance

If you think you might have been sold unfair payment protection insurance, make a complaint and get your money back by clicking on the link below - we'll put you in touch with a specialst claims company who will handle your case on a no win no fee basis.