PPI Claims

 

How can HH Legal Help?

We are a regulated solicitors firm who have helped many clients reclaim tens of thousands of pounds.  Call us free of charge to find out how we can assist you.

 

What is PPI?

PPI stands for ‘Payment Protection Insurance’. It is meant to cover your loan, mortgage or credit card repayments for a fixed period in the event of an accident, sickness or unemployment, or sometimes just accident and sickness. Many lenders insisted that you took out the PPI or they wouldn’t lend you the funds.

The question is, did you need the PPI in the first place? You may find that you already had alternative cover, such as sick pay from your employer or separate insurance that would have covered your repayments. Or it could be that the insurance you were sold was unsuitable and would not have actually paid out in the event of a claim: for example, many self-employed people were sold policies that actually excluded self-employed claimants.

So PPI has been widely mis-sold, and you could even have bought it without knowing. It’s always a good idea to check your payment details on your loans, mortgage or credit cards to see exactly what you are being charged for.  You may find that what seems a small charge has been added to the monthly payment which could be for PPI.