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Reclaim of Payment Protection Insurance

What is Payment Protection Insurance ('PPI')?

If you've taken out a mortgage, a loan for a kitchen or a car, applied for a credit card or consolidated your debts, PPI will almost certainly have come into the equation. Of course, PPI can be a lifesaver for some people, but government figures suggest they represent a tiny minority.  As such, the seller have a responsibility to inform you about the insurance and its restrictions.

You could be entitled to reclaim £1,000s as you may have been sold insurance which does not account for your circumstances & is basically worthless, or you were informed it was compulsory when taking out your loan or Credit/Store card.  

BANKS HAVE SECRETLY ADMITTED THE SELLING OF LOANS IS NOT PROFITABLE UNLESS THEY CAN 'SELL'  A PAYMENT PROTECTION INSURANCE POLICY AS WELL !

HAVE YOU ADDED TO THE BANKS OBSCENE PROFITS?

The Financial Services Authority ('FSA') currently estimate 70% of all PPI policies have been mis-sold. For further information CLICK on the following link and email us at:

enquiries@reclaimprotectioninsurance.co.uk

Take the Mis Sold PPI VICTIM Test !

Contact us at enquiries@reclaimprotectioninsurance.co.uk 

If you can answer Yes to one or more of the following:

1.  At the time of taking out your policy were you any of the following?:

Unemployed / Self Employed (but not paying Category 2 NI) / Housewife / Student / Retired / About to be made Redundant ?

2.  Did you have a Pre-exisiting Medical Condition, which effectly means you cannot make a claim, rendering this insurance totally useless?

 

3.  Were you informed or left with the impression the PPI was compulsory or you would be denied the loan if you didn’t take out the PPI policy?

 

4.  Were you sold a ‘single premium’ loan policy?

 

A single premium policy is where the whole cost of the policy is added as a big lump sum to the amount borrowed WITH INTEREST, so you’re effectively borrowing more, which then must be repaid over the term of the loan.

 

The majority of Payment Protection Insurance will only cover you for the initial 5 years of your loan, but you'll be repaying it back over FULL length of your loan - including the Annual Interest Charge.

 

5.  Have you repaid a loan early but only received a small or no rebate against the Insurance Policy

 

This could be classed as being Unfair and we can make a claim on your behalf to ensure you receive a fairer rebate, even if the early settlement took place a number of years ago! 

 

6. Were the full details of the insurance not provided

 

This covers anything from being told the insurance was compulsory, to not knowing you had even purchased insurance when taking out the loan. As you should be told about the full terms of your policy, any lack of information could make the sale unfair.

 

If you would like RBC Ltd to reclaim against your mis-sold policy or unfair rebate, please CLICK ON the following and email us at: 

enquiries@reclaimprotectioninsurance.co.uk

 

Indicating the type of Policy you believe was mis-sold to you (i.e. Loan, Credit Card or both) and we’ll email you by return with the relevant forms. Don't DELAY, there is a Statute of Limitations of 6 years for the reclaiming of certain types of 'Debt', so make sure you start your claim TODAY!

When can't I make a Reclaim?

 

If you’ve claimed on your insurance and been successful (i.e. received money to cover your loan or card repayments) you won’t be able to claim the policy was mis-sold so this doesn’t really apply to you. You may however, be able to cancel the insurance, especially if you feel you no longer need it.

Or at the time of purchase you did actually request the policy cover, this then cannot be classed as 'Mis Sold'.

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the Claims Management Company is a trading name of Reclaim Bank Charges Limited      www.reclaimbankcharge.co.uk    enquiries@reclaimbankcharge.co.uk

Registered Office

Suite 4, Harlow Grange, Otley Road

Harrogate - North Yorkshire, HG3 1PT Phone: 01423 504408 | enquiries@reclaimprotectioninsurance.co.uk

 

Reclaim Bank Charges Limited is Registered in England No. 6095689

Data Protection Registration No. Z9803930

Regulated by the Ministry for Justice in respect of regulated claims Management Activies No. CRM5270 - Registration can be verified by access to www.claimsregulation.gov.uk