Has your bank mis-sold you Payment Protection Insurance?
PPI (payment protection insurance) is an insurance product sold alongside your loan to cover your monthly payments in the event that you become sick, unemployed or suffer an accident.
Have you taken out a loan, mortgage or credit card in the last 6 years?
If so, there is a chance you were sold Payment Protection Insurance (PPI) to cover you in the event that you are unable to meet your monthly payments. PPI is often mis-sold and, in the past, many people were unable to make a claim on the policy due to exclusions and clauses.
PPI has generated high profits for many financial institutions and they have been known to use unethical techniques when selling this product to its customers, which has led to high levels of mis-sold payment protection insurance. In many instances of mis-sold PPI, those who have been sold the policy don’t actually need it and it may never pay out when you do need it, or you could have existing cover already in place through your insurer.
It is important that you check whether you have PPI as many people do not realise they have taken the policy out.
At Edward Hands & Lewis we have a specialist team in Loughborough, Leicester and Market Harborough that works to ensure your claim for PPI compensation is successful.
Start your PPI compensation claim with Edward Hands & Lewis Solicitors today on a no-win-no-fee basis.
Why not drop in and see us? We have offices in Loughborough, Leicester and Market Harborough
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