How To Get Ppi Claim From Your Bank

By Author: Jasmine chand
Total Articles: 5
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PPI or Payment Protection Insurance gives you adequate financial security in timely payment of your loan installments when you are unable to do so due to accidents, illnesses or loss of job. Most of the PPI is sold are sold to the unsecured loans borrowers, credit cards and mortgages seekers.
The customer is eligible for payment protection insurance claims if the bank forced the insurance saying that loan is not available with them without PPI. The consumer can have PPI Claim over the entire amount spent for the insurance premiums for many years.
In case you already had a payment protection insurance cover, the bank should not sell a new insurance to you. The banks should discuss the policy with you. The bank should enquire about your earlier insurance covers. If the lender did not tell you about the terms and conditions, then the bank is liable to pay compensation to you in the form of PPI Claims
If you had a medical condition such as high blood pressure, diabetes, high cholesterol, asthma, heart complaints and so on, the bank would have not sold you the insurance policy. Such an insurance cover cannot ...
... pay off your loan installments. Therefore, you can easily file for claims against mis sold PPI.
Many people are approved a loan despite an irregular source of income but they are not eligible for PPI. Banks and mortgage companies have sold payment protection insurance to millions of loan customers with low income. These are clearly a case of mis-sold payment protection insurance. The loans customers must be above 65 years of age if a bank wants to sell payment protection insurance. You can get the compensation if you are sold the policy despite being above the age.
You can smoothly file a case for PPI claims through claims experts. Websites of these claims people also have PPI claims calculator that lets you know about the money you are most likely to get as PPI claim from the bank. You can write to the bank on your own for the refunds but it is advisable to hire the claims experts to do the job for you.
Find out experienced online PPI experts who offer their services free of cost. They work on no-win-no-fees basis. You have to authorize them to fight your case with the bank. You can provide some details related to the payment protection insurance online. Shortly, usually within three months, you can have the PPI claims money from the bank.
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You can find out more about PPI Claims, PPI Claim, Mis Sold PPI and many more at PPI Expert