WHAT SHOULD HAPPEN WHEN PPI IS SOLD		A Bankers Confession
A trained sales person should follow a process that is designed to fully inform you of the costs, advise you that any policy offered is optional, give you full details and policy documents, ask about pre-existing medical conditions, fully ascertain your employment status and much more on top. The reality appears to very different, in practice, these policies are sold without much investigation. The reason? In order to massively boost company profits - it is also believed that advisers receive huge commissions for encouraging the sale.

Reclaim mis-sold payment protection insurance premiums (PPI).

Are you one of the thousands of people who have been mis-sold one of the many overpriced PPI policies?

It's frustrating to think that if you have a mortgage, loan or credit card then there is a good chance you were also sold a PPI policy. We have helped 1000's of our customers to get refunds, some within weeks, one refund we arranged took just 8 days. We've created a simple credit test to help you identify any mis-selling, the results appear on screen.

TAKE ME TO THE CREDIT TEST.

Payment Protection Policies (PPI) are designed to cover loan or credit card repayments in case of accident, sickness or unemployment. PPi has many pseudonyms including 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, useless policies have been systematically mis-sold to millions of people. Alliance & Leicester have been fined £7 million for mis-selling insurance, and that's only the tip of the iceberg.