How do people reclaim Payment Protection premiums?
If you have any kind of loan, ranging from mortgage to credit
card, you could be entitled to reclaim Payment Protection Insurance
premiums you have paid. You might have known you were taking out
PPI when you took out your loan, or you might have had it added
without your consent - but in either case you may be able to claim
for compensation.
One of the main things leading many to reclaim Payment
Protection Insurance premiums is the fact that systematic
mis-selling has ended up with a great deal of people paying for an
insurance policy they cannot use. PPI is supposed to pay out in the
case of loss of income, ensuring you can continue to repay your
loan, but if, for example, you were only working part-time or on a
temporary or contract basis when you took out the PPI policy, you
would never be able to make a successful claim even if you needed
to.
The other reason that a lot of consumers are trying to reclaim
Payment Protection premiums is that they were simply not informed
that they would be paying for the policy in the first place. Many
financial institutions added the cost onto customers' loans without
their knowledge, or forced them to take out the policy by
pretending it was a necessary part of the loan - not just optional
coverage.
If you feel you may be entitled to reclaim Payment Protection
Insurance premiums from your lender, Claims Financial is here to
assist you. A No Win No Fee claims company, we've helped thousands
of satisfied customers reclaim Payment Protection Insurance
premiums, thanks to our expert advisors. The Financial Services
Authority says the average reclaim for PPI is £1,560 - so fill out
the adjacent form today and set your claim in motion.
Claims Financial
"I just had to put pen to paper and write to say I'm more than delighted with my settlement that you won me back from my PPI I had with Lloyds TSB. The Claim Forms were simple to fill in. It was a breeze"
Mr R Evans 11 Nov 2010