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Reasons to Claim Back PPI The providers of the credit products or the banks who provide loans to customers often have made a fool of the people and tried to take advantage of their oblivion. Many people are even unaware of the technical terms related to insurance unless and otherwise they are told or made understood by some people or the providers of the credit products and loans. These providers attach a PPI as an add-on to their credit products or the bank loans in the form of payment cover or the protection cover. The people are unaware of the fact that they have entitled with an insurance policy along with the loan or credit products and this information are often not conveyed to the customers. However, on knowledge of the insurance they can claim back PPI through proper channel. The reasons for claiming the mis-sold PPI can be many but one should know that they are being sold the PPI which is however an unknown fact to customers which makes it the main reason to claim back PPI. It has been observed on major surveys that as many as 2 million PPI policies have been mis-sold to customers who might never be able to make a claim. People have to be aware of the grounds they could make a successful claim to the premium. Most of the PPI policies have an upper age limit of 65-70 years. If one is older than the age limit for the PPI policy then one can easily complain or make a claim for misselling PPI. Many other similar reasons follow and the list is long. Being aware if such reasons and grounds helps people immensely of their claims to such PPI policies and help them reclaim for premium. One just have to go through a proper channel and make a proper complain to the concerned authorities.

Reasons to Claim Back PPI

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Reasons to Claim Back PPI

The providers of the credit products or the banks who provide loans to customers often

have made a fool of the people and tried to take advantage of their oblivion. Many people

are even unaware of the technical terms related to insurance unless and otherwise they are

told or made understood by some people or the providers of the credit products and loans.

These providers attach a PPI as an add-on to their credit products or the bank loans in the

form of payment cover or the protection cover. The people are unaware of the fact that

they have entitled with an insurance policy along with the loan or credit products and this

information are often not conveyed to the customers. However, on knowledge of the

insurance they can claim back PPI through proper channel.

The reasons for claiming the mis-sold PPI can be many but one should know that they are

being sold the PPI which is however an unknown fact to customers which makes it the main

reason to claim back PPI. It has been observed on major surveys that as many as 2 million

PPI policies have been mis-sold to customers who might never be able to make a claim.

People have to be aware of the grounds they could make a successful claim to the premium.

Most of the PPI policies have an upper age limit of 65-70 years. If one is older than the age

limit for the PPI policy then one can easily complain or make a claim for misselling PPI. Many

other similar reasons follow and the list is long.

Being aware if such reasons and grounds helps people immensely of their claims to such PPI

policies and help them reclaim for premium. One just have to go through a proper channel

and make a proper complain to the concerned authorities.