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Reclaiming Mis Sold PPI/Insurance

Money : Borrowing

Hi there.

There are many types of insurances.
You may have heard a lot in the media recently of mis selling.
When you purchase a loan, credit card, store card, or even from a catalogue, sometimes they add the insurance automatically, if this is the case then the cover may be worthless to you.

Here are just a few examples:

You may already have adequate cover, maybe from your employer, for sickness etc.

You may have a pre existing medical condition, where if you try to make a claim, they may not pay out.

If you had a loan, say for example over 10 years, you may have been sold a single cover, that will only protect you for over 5 of those years, yet you will still be paying for the insurance for the life of the loan, and the premium is added within the loan as a single lump sum, this can be extortionate with the interest.

They may have just added this without your permission.

You may have been pressurised.

There are many reasons.

And it should be optional, you should be given that option.

There are stand alone insurance you can protect your finance, these can work out a lot cheaper than that of the providers insurance.

In my spare time I help with others on penalty sites in reclaiming, so if you require further information, please do let me know.

I was mis sold a few policies and have been successful in reclaiming, and with help from free sites like this one, it was all straight forward, you should not have to pay out for anyone to do this for you when you can do this yourself with some help from others like myself that have been through all this before.
You just pay out for a few stamps at the most.

If you think you were mis sold then its worth trying to reclaim.


By: Di

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