Payment protection claims don’t need to be a long and drawn out process that causes you no end of grief. Just with anything that you may have been mis-sold, the simplest way to get a refund on your mis-sold PPI is through clear and carefully presented evidence that shows how you were mis-sold payment protection insurance.
Simple PPI claims can be put into two categories – the do it yourself route or the pay someone who has qualified in mis-sold payment protection insurance to do the legwork route. If it is simplicity you are after, you could face a barrage of paper work and endless phone calls, if you decide to do it yourself. If you work full-time and have to juggle that with a family and social life, you know as well as I do that come mid-week it is difficult to get yourself undressed to go to bed at night, let alone chase up insurance companies and banks for your money.
Simplicity is the key for success, just with most things in life. If you are completely certain that you have been mis-sold payment protection insurance, regardless of if you are claiming yourself or if you are using a specialist claims company, you will need to have a copy of your contract. Don’t worry if you can’t find it, your bank or insurance provider will be able to give you a copy of it, sometimes for a small fee.
You could have been mis-sold PPI because if you were (at the time you took out the insurance) under or over age, had a pre-existing illness, were pregnant at the time, were self-employed, or unemployed. Perhaps you are one of the many individuals that were told that you couldn’t have a credit agreement without PPI, or you may not have signed up for PPI, yet you have been making payments. All of these reasons qualify you for a refund on the amount you have spent on PPI to date. Upon meeting with your claims advisor, they will ask you questions about your claim, so it is a good idea to go through your terms and conditions before you meet, in order for you to point out exactly where you feel you have been mis-sold. If so you have a good chnage to reclaim ppi insurance and a good claims company should be able to help you with your claim.
The more straightforward you are with your solicitor, the easier it will be for them to process the claim for you. The easier it is for a claim to be processed, the quicker you will receive your money. But, don’t hang around waiting for your money. Due to the volume of mis-sold payment protection insurance claims at the moment, they have been known to take six months. Yet, this is six months that you will spend knowing that you can get on with your life, knowing a trained professional is dealing with any queries that may arise.
