Payment Protection Insurance
If you have taken out a loan with any high street bank, taken out a hire purchase agreement or even opened a credit card, then it is likely that you also took out payment protection insurance with it. If this is the case then you may be entitled to compensation.
The reason why this can be reclaimed is because in the majority of cases the insurance was mis-sold. Many people were not aware that this insurance was optional and often thought that they wouldn’t get the loan if they didn’t take the insurance out. Sometimes it was added without the knowledge or permission of the borrower.
The purpose of Payment Protection Insurance is to cover the payments you have to make on a loan or credit card when you are unable to keep them up due to sickness, unemployment etc. There are many situations when this insurance doesn’t actually provide the cover you need. For example, if you were unemployed, retired or even self employed at the time of taking out the policy you are ineligible to make a claim on this policy which makes it a total waste of time and money for you.
Less than 5% of all policies are ever actually claimed against which reinforces the message the most.
We are currently recovering around £1.2m per month for our clients
Why should I use ppiclaims.net to claim back my mis-sold PPI?
We are an experienced company who deal with claims for PPI on an every day basis. We will treat your case confidentially and professionally. We liaise with the banks on your behalf and we always keep you informed of the progress of your case. We require minimal input from you so we just get on and claim the money back for you. We have recovered £millions from the banks and placed this money back in the pockets of our clients.
What does it cost me?
We operate a no win no fee service whereby there is no cost to you unless your claim is successful and then we charge you 25% plus vat of the amount of compensation you receive. The point of how we operate is that you are never worse of as your current situation and our only intention is to put you in a better financial position.
How do I go about claiming back PPI?
Go to our contact us page and speak to one of our experienced, friendly and helpful team. Alternatively, you could complete the claim pack form and we will send you all the relevant information to start the process. From then on we manage the whole process and liaise with the banks on your behalf and there is no expectation on you to do anything.
