PPIs are Payment Protection Insurance plans. If you have taken out a loan or mortgage in the last six years, the chances are you were offered one of these plans. A payment protection insurance policy insures your loan or mortgage repayments in the event of sickness, accident or redundancy.
Unfortunately these PPIs are simply not appropriate for all borrowers and there are a significant number of people in the U.K. who were mis-sold a policy that is, in effect, useless to them. In fact it is estimated that as many as 1 in 5 payment protection insurance policies have been mis-sold. If you think this may have happened to you, then you could be entitled to claim for PPI compensation.
If you think you may have been mis sold loans or mis sold insurance, then ask yourself the following questions; if the answer to any of them is yes, then get in touch with Claim-Easy’s experts in PPI claims because you could well be eligible for compensation:
Are you making payments towards a Payment Protection policy that you did not request or have only recently become aware of?
Are you self employed?
Were you told that you had to take out an insurance policy to get the loan or mortgage?
Does your policy only cover you for part of the loan period?
Was the cost of policy added to your loan at the beginning of the loan?
Claim-Easy is a claims management company that has expertise in all sorts of claims, from dog bite claims to mis sold loans claims. Call one of the Claim-Easy team and find out if your mis sold loan or insurance means that you could receive PPI compensation.