PPI or payment protection insurance has become one of the most widely talked about mis-sold insurance claims in all time. More and more people are coming forward every day after realising they didn’t even know they were paying for insurance or realising that they don’t quality for insurance they are paying for.
Gladstone Brookes complaints deals with hundreds of these complaints each and every day, they are prepared to handle your case for you, dealing with the financial institutions, managing the piles of paperwork involved and hopefully winning your money back for you.
PPI Has Been Around For Over Ten Years
PPI started a few years ago when it was sold with credit cards, loans and mortgages. Some people weren’t offered the cover it was just automatically covered, some didn’t have a choice being told they could get the loan without the protection and others chose it without realising they didn’t quality.
There were so many loopholes when it came to payment protection insurance that it’s no surprise more and more people are coming forward with complaints. There are easy ways to check if you are paying or if you qualified in the first place.
Check Your Statement
If you have had a loan or have a loan in the last ten years you can check your statement, it should clearly state if you have PPI on the account. Maybe you always wondered why your repayments were so high, well if it states you have been paying for it, then you know and you can claim that money back.
Maybe you decided to go for the insurance thinking that as you are self-employed, should your business struggle; your loan would be covered. This was a big mistake made by many, as self-employed people are exempt and wouldn’t be covered should they need to claim. The same applied to people with certain illnesses, there are set illnesses completely exempt from the policy, yet these people have been paying for years, with the peace of mind that their loan would be covered should they take a turn for the worst and couldn’t afford to pay.
Gladstone Brookes Complaintswill handle the entire process for you. There is so much time and energy that goes into getting your money back, paperwork to be completed and certain criteria to be matched, getting someone to do it for you will leave you to get on with your life without any hassle.