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PPI Claims Form

Payment protection insurance, (also known as PPI) is an insurance product that is often designed to cover a debt such as loan or credit card that is currently outstanding. This debt is typically in the form of a loan or an overdraft, and is most widely sold by banks, building socieities and other credit providers as an add-on to the loan or overdraft product. PPI typically covers the borrower against risks such as an accident, sickness, unemployment or death, or any other circumstances that may prevent them from earning a salary/wage which they will need to pay the debt.

PPI usually covers payments for a fixed period which should be the same as the length of the loan. If not after this point the borrower must find other means to repay the debt, though the period covered by insurance is typically long enough for most people to start working again and earn enough to service their debt. PPI is different from other types of insurance such as home insurance, in that it can be quite difficult to determine if it is right for a person or not. Careful assessment of what would happen if a person became unemployed would need to be considered, as payments in lieu of notice (for example) may render a claim ineligible despite the insured person being genuinely unemployed.

Check out this video about PPI claims:

 

Making a PPI Claim for FREE

If you become unemployed for instance then you can claim against the PPI insurance to get your payments made. Similarly if you have to leave work due to illness. You need to check the paperwork carefully to see what you are covered for and then make a claim in accordance with the terms of your agreement.

Mis-sold PPI

In recent years many people have found that the PPI that they bought is inadequate - in fact it has been mis-sold. Such people are entitled to claim back PPI opayments from their provider. This could apply if for instance you were already unemployed or knew that you would be shortly retiring and it was not explained to you that the PPI was not suitable in these circumstances.

We understand that you want to make sure you get all the PPI compensation that you are entitled to. For this reason we have a simple PPI claim form for you top complete. Alternatively you can use the financial ombudsman PPI claim form.

Rest assured that our PPI claims form specialists have the experience and expertise to ensure that you get the right outcome.

97% of our clients are happy with the result of their claim (out of 651 surveyed).