PAYMENT PROTECTION INSURANCE
NO UP FRONT COSTS - NO WIN NO FEE!
DO YOU THINK YOU HAVE A CLAIM?
As a well-established legal firm of over 100 years we will deal with your PPI mis-selling claim in a professional and efficient matter. There is no need to go to a PPI mis-selling claims company, who charge up front fees, come direct to the qualified legal experts.
COMPLETE OUR ONLINE FORM AND WE WILL GET IN TOUCH WITH YOU
Call 0161 832 3304 for a consultation with a Solicitor at Davis Blank Furniss
If you have had a loan, credit card or store card within the last six years, you need to urgently check whether Payment Protection Insurance (PPI) was included as part of it. If so you could be paying £1,000s for potentially worthless cover.
PPI, when sold correctly, takes into account your personal circumstances and can be a very beneficial insurance designed to meet repayments for a period of time in the event of accident, sickness or unemployment.
However, banks have been mis-selling potentially worthless insurance for years. When taking out your loan or credit card you may have been told that the insurance was compulsory – IT IS NOT! That is one example of mis-selling. If you are self-employed, unemployed, retired, have pre-existing medical conditions, or are covered elsewhere, you may have been sold a totally worthless policy.
The following are the key mis-selling categories. If you can say “yes” to one or more of these, you probably have a case.
Were you told or sold the wrong thing?
This includes:
- Were you told the insurance was compulsory?
- Did you already have insurance cover?
- Were you retired, self-employed or unemployed when taking out the policy?
- Did you have a pre-existing medical condition?
- Did you try and cancel your policy? - Were you told that you could cancel your policy?
- Was the insurance term too short? - Did the insurance cover the full term of the loan?
- Did you have a joint loan but the insurance was only in one name?
- Did you sign up for the finance in a shop?
- Were you told that you could arrange separate cover elsewhere?
- Didn’t realise you had insurance?
Were you self –employed, unemployed or retired?
Have you been paying for a policy which includes “unemployment” cover? If you were out of work or retired at the time the policy was taken out, then the employment cover is worthless and this should have been pointed out to you.
If you’re self-employed, you need to check whether you are covered for your particular circumstances. The “unemployment” element is a substantial part of the insurance cost and you may have been paying for a semi-useless policy.
Age
Most insurance policies have an upper age limit of 65 or 70. If you were older than this when sold the policy you were missold. If you were below the age when you took out the policy but have passed the relevant age before completing the loan, then the PPI payments should have stopped when you reached 65 or 70.
Medical Problems
If you had existing medical problems when taking out the policy, and these weren’t declared you are unlikely to be covered for any medical problems you have had in the past.
You should have been asked about medical problems, if you weren’t you may be able to claim.
Did you buy online?
Reclaiming is more difficult if the PPI was bought online, as the full terms and conditions are usually available.v
However, if you purchased from a lender who used pre-ticked boxes which meant that you would have had to opt-out of the insurance, then you may have a claim. Your loan would need to have been taken out prior to July 07, as all lenders agreed to stop using pre-ticked boxes after this date.
DO YOU THINK YOU HAVE A CLAIM
COMPLETE OUR ONLINE FORM AND WE WILL GET IN TOUCH WITH YOU
Click here to download our Claim Form:
Call 0161 832 3304 for a consultation with a Solicitor at Davis Blank Furniss
