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What is PPI?
PPI was designed to cover repayments in certain circumstances where you couldn’t make them yourself. These include if you were made redundant or couldn’t work due to an accident, illness, disability or death.
The main object of PPI was to cover repayments in specific conditions where you couldn’t make them yourself. The conditions or circumstances includes a person made redundant or could not work because of accident, sickness, disability or death.
The enormously huge amount of PPI policies was sold in the period between 1990 and 2010. Later on it was found by the regulating authorities that these policies were mis-sold.
If you or your loved one have had a PPI policy, we can act on your behalf and file a complaint and will claim back money you or your loved ones have paid (subject to the eligibitly) on account of these policies.
Types Products sold with PPI
Loan PPI Claims: If you have availed a bank loan in the last 10-15 years, it is highly likely that you have been mis-sold PPI and may have a chance to claim a significant amount subject to your eligibility. PPI act as an Insurance policy which covers your outgoing in case of you being not able work due to a sickness or disability. Nonetheless, a large number of these policies were mis-sold, which means clients were left paying for
Credit Cards PPI Claims
If you have taken a credit card in the last 10-15 years, there are chances that you have been mis-sold PPI. As an insurance policy, PPI was a designed to cover your credit card repayments if in any case you have not been able to meet them. if, for example, you were made redundant or fallen sick.
Car Finance PPI Claims
If you have made any purchase of a car at any time in last 10-15 years, there are chances that you have been mis-sold PPI. PPI was usually mis-sold along with the lending of finances for the purchase of car. There may be an entitlement of compensation for mis-sold PPI.
Store Cards PPI Claims
Even if you have availed a store card in past 5-6 years and were sold payment protection insurance along with it, you may be eligible for a compensation.
Mortgages PPI Claims
In case your mortgage was taken out over the most recent ten years, you might be eligible to claim back PPI. PPI was usually mis-sold together with mortgages as a methods for protecting the repayments if the borrower was not able work due to sickness or disability.
How can MB Law Solicitors help?
We at MB Law Ltd Solicitors have been involved in number of cases which involve high cost value. Our knowledge and skills along with the extensive experience enables us to provide the favourable results in all the services we provide. We have a team of experts which will provide you extensive guidance in order to ascertain your eligibility for a compensation. You will be provided full guidance from the start of the process till the end to ensure that you have received the compensation you were entitled to.
How to contact us!
If you have been mis-sold PPI over the period of last 10 years, call us or email us to see if you are eligible for a claim. You can call us at 03333051612 or email us at email@example.com with your name, phone number, email and your address at the time you were mis-sold PPI. Our services are extended all over the London.