Payment Protection Insurance (PPI) offers cover for the monthly payments of one’s loan if they are made jobless, have an accident, become sick or die.
Wakefield, West Yorkshire -- (SBWIRE) -- 10/10/2014 -- Payment Protection Insurance (PPI) is insurance cover which protects any debts that one obtain and cannot pay for. It was one of the biggest financial controversies in recent years. PPI was mis-sold, alongside loans and mortgages. Countless people were swindled out of their money.
As soon as the miss selling stopped, the people who have suffered as a result of miss selling have been eager to make PPI claims against the financial institutions who wrongly sold them this product that they didn't need. Many people have successfully claimed compensation that they have been owed by the banks.
PPI (payment protection insurance) is made to cover the one who cannot make a payment due to an accident, redundancy or illness. One is likely to have been miss sold it if they have ever bought anything on credit or if they have taken out a credit card, store card, loan or mortgage.
PPI could have been mis-sold by the lender by telling one that their assurance was compulsory or it could have been added devoid of their knowledge. One may have to opt out of PPI and were not informed.
PPI claims agents and handlers an have an average of 81% rate of success with PPI reclaims.
It is possible that one could receive a refund faster as a result of using the third party claims management company, as they will have extensive experience or processing claims, and will also have all of the information one entered into the ppi claim form at the point of application.
There are many websites out there, one among them is ppi claims 4 you.co.uk as that have been able to achieve quick successes for clients, and continue to do so today, the market continues to be busy with clients wanting to get back their money as quickly as possible.
Ppiclaims4you.co.uk is an authorized site of an organization who give PPI claims check without any cost. They due 100% PPI refunds for their customers along with its interest. This team is well experienced and trained attorneys with a great track record.
For more information and other media related inquiries, please contact:
State: West Yorkshire
Contact Name:Gibson Blake Claims Management Ltd
Manor Road Workspace & Depot
Zip Code: WF4 6HH
Contact Phone: 01924 600 142