Payment Protection Insurance

Payment Protection Policies (PPI) are sold to cover loan or credit card repayments in case of accident, sickness or unemployment.

If you have a mortgage, loan or credit card then there is a good chance you were also sold a PPI policy. We may be able to reclaim £1,000s on your behalf.

Also known as Accident, Sickness and Unemployment cover (ASU), Life & Accident, Sickness and Unemployment cover, Mortgage Payment Protection Insurance, Personal Loan Protection or Credit Card Repayment Protection.

There is nothing wrong with PPI policies for those who need it and assuming it has been sold correctly. However, they have been systematically mis-sold to millions of people.

A good sales process should fully inform you of the costs, advise you the policy was optional, give you full details and policy documents, ask about any pre existing medical conditions you may have had, ask about your employment status and much more.

In practice, these policies were often sold without much investigation in order to boost companies profit margins and commission for the advisers.