Pay Information > PPI Claims

Payment Protection Insurance

Payment Protection Insurance is used to cover your credit card or loan repayments in the event of you becoming il, injured or involuntary redundancy, If in any case one of these things happen to you then the policy would help to pay or pay off the rest of your loan or debt until you go back to work or the policy ends which is usually happens after 12-24 months.

PPI is a type of insurance that is normally sold by lenders or brokers when you take out a loan, in most cases where you are charged up front for a 5 year policy and they add the premium to the loan and charge you interest on it. There are many PPI companies’ out there that help you to reclaim your PPI if it’s been missold to you, just make sure you find a company that can offer you the full support and communication you need.