Payment Protection Insurance
Payment protection insurance (PPI) is an insurance product sold in conjunction with mortgages, loans, credit cards and other financial agreements. It is used in the event of the borrower being unable to make payments during times of hardship, caused by unemployment or sickness.
What are my Reasons to Claim PPI Compensation?
Did you have a pre-existing medical condition at the time when PPI was sold to you?
Were you forced into accepting PPI by believing that it was pre-condition of the offer of a loan or credit card?
Has PPI had been applied to your loan or card without your consent?
Did the lender advise you of the actual cost of PPI or how long it would run?
Were you self-employed, unemployed, retired, working less than 16 hours per week or a contract/temporary worker?
Did you have an insurance policy in place to cover any sickness or unemployment?
If your answer is ‘yes’ to any of those scenarios then you are most likely due PPI compensation. The lender has not taken into account your personal situation at that time and, if your situation had been considered, the lender failed to advise you whether or not PPI would provide any additional benefit.
Start your claim now
* Compulsory fields.
Not sure if you had PPI? We can find out for you.
What is a PPI Claim
A PPI claim is a process of filing your complaint with a lender, which demonstrates your circumstances surrounding why you feel PPI was mis-sold. It is also the platform used to launch why you believe you are entitled to compensation.
What do I do next?
Let us find out if you had PPI to start your claim.