Money Advice Direct
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In most of our work on PPI mis-sales, we can see that the consumer would not have bought the policy, had relevant features been pointed out.
The regulators of PPI have in place measures intended to ensure consumers get better information when they are offered PPI, and are treated more fairly when complaining about PPI.
Money Advice Direct looks forward to consumers being treated fairly whether they are buying or complaining about PPI.
If your first attempt at complaining about missold PPI is not successful, take your complaint to the Financial Ombudsman Service. You will need to
repeat your reasons for complaining on a special FOS complaint form.
The FOS state that consumers must be treated fairly whether they are buying or complaining about PPI.
The approach of the FOS is to redress for the mis-sale of payment protection insurance (PPI) policies is broadly that the consumer should be put back in the position they would have been in, if the mis-sale had not taken place.
In most circumstances, where someone selling an insurance policy has failed to point out significant relevant features, the buyer can, in law, decide to cancel the policy and be returned to the position they were in before the sale.
The FOS frequently provide for consumers to get back the premium, plus any other amounts they have paid (such as interest on loans to cover the cost of the premium).
Have you any of the following in the last 6 years:
If so there is a good chance you were sold Payment Protection Insurance alongside. The average Claim is £2000.
You may have been told you had to have PPI, or didn;t even know PPI was included. If this is you then you are one of the millions of people in the UK with a claim for £1000's.
Simply complete the form below and let us recover the money that is rightfully yours.