Mis-sold PPI – 10 Grounds for Reclaim
PPI Claims continue to be a big deal in world of financial claims. But on what grounds are people making the claims? Essentially, PPI claims are being made where someone was mis-sold the policy. If you’re not sure whether or not you were mis-sold a PPI policy, here are just ten circumstances that would count for misselling.
1. You were not told at the time you took out the policy that the same policy could be available at a better price elsewhere.
2. You were employed on a temporary or contract basis at the time you took out the PPI policy.
3. You were working fewer than 16 hours per week at the time you took out the policy.
4. The lender failed to ask you about any other insurance you already had.
5. You had existing problems with stress or suffered from back ache.
6. You were told that you had to have PPI in order to take out the loan or card.
7. You were not even told about the insurance and it was just added!
8. You had some form of existing illness.
9. You were under 18 or over 65 at the time the loan was taken out.
10. You were self employed at the time the PPI policy was taken out.
These are just ten situations in which you would be considered certainly to have been mis-sold your PPI policy and should enquire about making a PPI claim.
PPI claims amount to money that you should never have been paying in the first place. If you have been mis sold a policy, PPI claims are a means of getting back money you are owed!