Payment Protection Insurance policies were sold to millions of people in the UK. Most of these PPI policies were mis-sold. Experts have estimated that the total value of these mis-sold PPI policies comes to nearly £50 billion pounds, with most of these mis-sold ppi policies being sold to consumers over the previous ten to fifteen years (2001 to 2016.)

PPI Compensation

Since 2011, when the UK banks lost a high court case, which forced them to pay out compensation to the victims of mis-sold PPI, £24 billion has been paid out in PPI Claims compensation to these individuals.

What Was PPI Mis Sold On?

Payment protection insurance is something that few people in the UK ever consider until it’s too late. The biggest problem with insurance is that you can’t purchase it after the fact.

Just like any other form of insurance coverage, PPI is there to protect you and your family in a case of an emergency. It helps to keep you on your feet during hard times, preventing financial ruin and unnecessary bankruptcy. You can learn more about PPI by visiting www.lowfeeppiclaims.co.uk

Once you find yourself in dire financial straits, it’s too late to take out payment protection insurance coverage on your debts.…