Payment Protection Insurance (PPI)

If you’ve got a loan, mortgage or credit card then there’s a good chance that you were also sold insurance to cover you should you be unable to make a payment. It is called Payment Protection Insurance (or PPI) and it can be very expensive.

Banks make huge profits out of PPI, and they have been known to use high pressure and unlawful selling techniques to get you to sign up. Many people don’t need PPI, often it won’t actually pay out when you try to use it and you could even be covered by other policies or sick pay at work.

If you didn’t actively decide you wanted this cover, or you weren’t fully aware of all the facts, then you were mis-sold PPI and you could claim back all your premiums.

Were you told everything about the plan? All the exclusions? How much it would cost?

Take our quick test to see if you were mis-sold your policy and are able to make a claim

Mis-sold PPI-The Protection Racket

PPI should be an optional extra

Banks have been pressuring customers into buying overpriced and unsuitable policies. People have been told that the policy was compulsory, or that a better interest rate is available with PPI. If you felt pressured into buying then we could make a claim.

Often PPI doesn’t pay out

It is supposed to cover you should the unexpected happen and you can’t work. However many policies are full of exemptions and clauses that prevent people from making a claim. If all these exemptions were not clearly explained to you then your PPI policy was mis-sold.

PPI can add thousands of pounds onto a loan. A recent survey carried out by the Citizens Advice Bureau showed the cost of PPI ranged from 13% up to 56% of the loan amount. Even many of the more expensive policies don’t actually guarantee to cover your payments.

If you think that you were in any way pressured or misled when the PPI policy was sold to you then we could claim back all your premiums for the last 6 years.

We operate on a No Win No Fee basis so you have nothing to lose.