PAYMENT PROTECTION INSURANCE

If you've got a mortgage, loan or credit card, chances are you also bought Payment Protection Insurance, known as PPI*, with it.

PPI is designed to cover your repayments should you be unable to work. It could also pay off your loan entirely for your dependents if you die during the term of the policy.

PPI sounds like a great idea, but did you know it was optional? Do you understand the level of cover provided and does it cover you for not being able to work at your own profession or any profession? Were you aware that there are certain circumstances under which you cannot make a claim? And were you told the interest rate would dramatically increase if you did not take out the policy? If you didn't know these things, you may well have been mis-sold PPI.

Many companies sold PPI without informing their clients it was optional. And some companies even included the premiums within the loan repayment figures.

* PPI is also known as Accident, Sickness and Unemployment cover (ASU), Life & Accident, Sickness and Unemployment cover (Life & ASU), Mortgage Payment Protection Insurance (MPPI), Personal Loan Protection (PLP) or Credit Card Repayment Protection (CCRP).

Call us on 01254 454 013 for more information.

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Alternatively, please complete our Payment Protection
Insurance Form and we'll get back to you.