Mis-Sold PPI

Just to clarify Payment Protection Insurance is not a bad product, in fact it is very useful if sold properly. Payment protection insurance is there to cover payments for a year in the event of accident, sickness or unemployment.

However with the recession firmly taking its tole on the economy unemployment has risen to over 1.89 million people the highest in over a decade. This is where insurance policies such as payment protection insurance should essentially help those in need of keeping up payments on car finance, credit cards, loans, mortgages and store cards.

Payment protection insurance should pay a years worth of payments on these items but it is the mis-selling of PPI policies that is causing such an uproar for its customers and leaving people with no option to pay for such items when in fact their PPI policies should cover them, after all what is the point in paying for PPI if it never essentially covers you.

With targets set by banks and various organisations to sell PPI to its customers mis-selling has been rife within the industry. Meaning that customers are not getting the cover they are paying for.

Some of the banks to have been fined millions for mis-selling PPI policies are: Natwest, RBS, HBOS, Lloyds TSB, Halifax, Bradford & Bingley, Barclays, Alliance & Leceister and Abbey, along with many other companies.

If you are with any of the following banks or have PPI and feel you may have been Mis-Sold then please fill in the form on the left of the page and a Claims Advisor will call you back within the hour to get your claim process started.