Reclaim Miss Sold PPI Cover
Payment Protection Insurance, or PPI, is insurance that will pay out a sum of money to help you continue paying your monthly payments on credit cards, store cards, catalogue payments, mortgages and your car loan if you are unable to work. This is normally as a result of sickness, accident or unemployment and due to no fault of your own.
PPI does not come cheap, if you have this insurance on any of your loans or mortgages then there is a good chance you have a claim for thousands. Premiums paid by consumers represent anything from 13 per cent to a staggering 56 per cent of the amount loaned. It is common for PPI on loan agreements to be paid for by a one off premium included in the loan itself and for interest to be charged on PPI premiums.
TOP 10 GROUNDS FOR COMPENSATION
- You were under 18 or over 65
- You worked less than 16 hours a week
- You were employed on a temporary or contract basis
- You suffered from stress or backache
- You had an existing illness
- You were aware you may become unemployed
- You were not told about the cost of the insurance (or not told you were buying it at all)
- You were not asked about any other insurance you had
- You were told the insurance was necessary for you to get the loan
- You were not told that the same policy could potentially be bought cheaper elsewhere
Claiming won't affect your credit rating and our services are FREE if we do not win. Our specialist will take whatever steps they can to win your case, which include:
- Obtain the correct records (evidence)
- Assess the value of your claim which will also include statutory interest
- Communicate directly with the financial organization or their nominated solicitors
- Negotiate the highest possible amount
- Assess the reasonableness of any offers made
- If the bank does not settle your claim, then they will refer your case to The Financial Services Ombudsman and manage the whole process.
Your options and our clear recommendations are presented by our specialist at every stage of the case.
You will have access to the person dealing with your claim. Who will use their expertise to win your case as quickly as possible and with as little effort on your part as possible. It is important to us that you will find this service to be transparent, efficient and financially rewarding.
Our Specialist Is In Your Corner
All claims are taken on by our specialist as a no-win-no-fee basis. The fee is 25% plus VAT of the damages recovered, which is a total fee of 29.37%. If successful a minimum fee of £65 + VAT applies for each case.
All you need to do is complete the online application, which takes only a few minutes.