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Kurt Grawn
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Kurt Grawn

 
  

United States

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Mis sold Payment Protection Insurance

 

The term mis sold payment protection insurance can be perceived to suggest insurance coverage that is unnecessarily included with a loan product or credit agreement simply because the person applying for the insurance cover was deceived into deciding that this insurance had been mandatory or required. In reality, test cases have demonstrated that 70% of this kind of insurance cover is considered incorrectly marketed because it could be impossible to make a claim on the insurance in most cases if ever things went bad.

 

If the overall price of your insurance was not explained to you, or in the event the insurer only cited the cost of the loan and the PPI included, then you can easily claim against them.

 

It is calculated that presently there are about several million instances of mis sold payment protection insurance within the United Kingdom. It is likewise believed around two million people appear to have been mistakenly touted this insurance policy since 2003. No exact figures are on hand, nevertheless it is thought that a lot of men and women, in the event that they have got one insurance policy, will have chosen several insurance plans if tempted by the salesman selling the initial loan or perhaps at the stage of your initial credit contract.

 

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Mis sold Payment Protection Insurance
Mis-sold Payment Protection Insurance: we will fight to claim compensation for the bad advice you were given and the policy you were wrongly sold.
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