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Reclaim Your loan insurance or credit card PPI
PPI Compensation history for a successful Claim
PPI Compensation history for a successful Claim
When you take out a credit or store card, car finance or personal loan, mortgage or secured loan a PPI(Payment Protection Insurance) policy is usually packaged within the loan, therefore you may have one or more policies that you are unaware of.
The PPI is sold to cover loan or credit card repayments in the event of certain problems; accident, sickness or unemployment and there is nothing wrong with a PPI policy for those who need them and assuming it has been sold correctly. However, recent investigation by the relevant governing bodies has shown that they have been systematically misselling PPI to millions of people and that claims, when made, are usually unsuccessful.
A guideline for a correct sales process should include being fully informed of the total costs, advise you the policy was optional, give you the full PPI policy condition and documents, ask about any pre-existing medical conditions you may have had, ask about your employment status and much more.
Normally, PPI was often sold without much investigation in order to boost company’s profit margins and commission for the advisers
RCL Mis-sold Equities is a specialist PPI Misselling Claims Company regulated by the Ministry of Justice in respect of Regulated Claims Management Activities, whose aim is to help consumers win back their premiums (plus interest) paid on their Policies.
Reclaim PPI misselling
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