Citizens Advice Bracknell & District Coronavirus Impact Report 2020-21
17 Mar 2021
Big Energy Savings Week 2020
22 Jan 2020
Big Energy Savings Week 2019
08 Jan 2019
What is Payment Protection Insurance (PPI)?
What financial products does it cover?
PPI is commonly sold alongside other financial products such as credit cards, store cards, mortgages and different types of loans.
It is designed to cover the payments if you are unable to work because of illness, accident, redundancy or death. If you are unemployed, PPI is not an appropriate policy.
PPI has been much in the news recently due to the mis-selling of many such policies in the past.
You are able to claim back the money and you do NOT need to go through a claims management company to get a refund – you can do entirely for free yourself.
There is now a deadline for claims: 29th August 2019.
Other time limits might apply – so if you think you’ve got a complaint, act as soon as possible.
If you had PPI there are two reasons you might be eligible to claim back money you’ve paid for the policy:
If you aren’t sure if you had PPI, you should find out more about PPI and how to check if you had a policy on the FCA website.
It is likely you were mis-sold PPI if you experienced any of the following:
You can also complain, and make a claim, if you believe there was a high level of commission, which typically means it was more than half of what you’ve paid for your PPI policy.
For “everything you need to know” about how to claim back PPI see: