Banks continue to set aside further money to refund customers
PPI, or Payment Protection Insurance, is a type of insurance designed to cover repayments on loans or credit cards in the event of an accident, sickness or unemployment. For example, if you have a mortgage and lose your job, PPI should cover the payments on your mortgage so that your family does not lose its home.
Some claims management companies are now offering a FREE PPI Check*. The service aims to put individuals in a position of complete clarity over whether or not they had PPI on their finances.
With PPI being so widely sold and a time limit** coming into place in 2019, now would be a good time to find out if you even had PPI. MyBankClaim could help you.
MyBankClaim is partnered with a panel of solicitors and claims management companies (CMCs). Once you enquire, we will refer you to one of these partners who will then get in touch to arrange a PPI check on your finances. It is important to find out what kind of PPI you have had before making any claims for compensation.
Regardless of the results, you will be advised of the outcome of your check. If PPI is found, you will be advised by our partner on the options and the possibility of making a claim.