What is PPI?

What do Silvio Berlusconi and payment protection insurance (PPI) have in common?

Not a lot really. Both have been in the public eye for ages. Both are controversial and both are sexy and notorious icons, one way or another.

Is PPI sexy? Yes, in a strange way it is.

The concept of buying insurance that covers the cost of loan repayments if you are unable to do so is hugely attractive.

That is why nearly twenty million people bought payment protection insurance in the first place.

The PPI concept is this: -When somebody takes out a personal loan, credit card or mortgage you have been able to buy a special type of insurance (PPI) to cover the necessary repayments in the event that the policyholder is sick for an extended period of time, unemployed or for some other reason is unable to service the debt repayments.

So far-so good.

Unfortunately, payment protection insurance (PPI) is unlike other general insurances like house insurance or car insurance.

The exclusions or so called "Small print" terms and conditions in the policy make it very difficult and in many cases impossible for the policyholder ever to claim benefits.

PPI is a complicated and complex product and because of this is actually a bad product.

The problem is made worse by the fact that banks and insurance companies heavily incentivize the salesperson who is selling this product.

The PPI buyer is often not made fully aware of the pitfalls inherent in the policy.
Payment protection insurance has become one of the worst financial scandals of our generation.

Fortunately, the High court thought so too and has taken steps to force the banks to repay PPI to those customers who were mis-sold the product.

Have you bought payment protection insurance(PPI) in the past? Have you been mis-sold PPI?

May we suggest that, as a matter of urgency that you go through your records to see if PPI or something that sounds similar ha been added to any personal loan, credit card or mortgage.

If you have bought payment protection insurance (PPI) you may very well have been mis-sold your policy.

We are an experienced and ethical company. We have considerable legal resources to help you reclaim payment protection insurance (PPI) if in fact you have been mis-sold this product.

If you have bought PPI at any time in the past complete and send the online form and we will contact you.

You will not be under any pressure or obligation.

Claim bank charges back and our partner Claims Financial have already helped thousands of people to reclaim the maximum amount due to them.
We can do the same for you.

Silvio Berlusconi may be history just now.

However, we can give you more that pretty girls and spaghetti.

We can give you money. Lots of it.