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Claim Back PPI Payments

One of the worst parts about finding out that you have been mis-sold PPI insurance is trying to secure a PPI refund on the money you have paid into the policy. Trying to claim back PPI payments can be a nightmare in the best of situations. However, attempting to claim back PPI payments and obtaining PPI refunds can be even worse if the amount of money in question is higher. A lot of people think they can take care of this matter on their own. However, this is not necessarily the case. Remember, lenders have been around for awhile in most cases. They have already done their homework and have a variety of loopholes just waiting for use on someone like you. They can claim that they were well within their rights and then when it comes to making a claim back on PPI payments it will really be your word against theirs.

Filing Through a Professional Claim Back Service

Now, when you approach a lender using a professional PPI claim back service then they may take pause as they realise that these companies also have their own strategies. Not only this, but they also know your rights and how to correctly represent you in your claim back on PPI payments. This makes all the difference in the world although it may not seem like it would. It is certainly a better option than trying to take on a financial institution or lender to attempt to claim back PPI payments on your own.

Elderly Being Mis Sold PPI

One of the reasons that a person may want to try and claim back PPI payments is if they should become aware of a situation in which they were sold a PPI policy that they do not qualify for. There are a number of conditions that would cause a person to be automatically unfit for coverage under a PPI policy. Age is one thing that is a restriction that is consider when insurance companies are deciding whether or not to cover an individual. If a person is over the age of 65 there are no PPI companies that are going to offer them coverage. Yet oddly enough they are being sold PPI policies everyday! What does this mean to the thousands of elderly people who do not even realise that they are paying tens of thousands of dollars a year for policies that will not even protect them if something should happen?

What about the people who have pre diagnosed illnesses who are sold PPIU insurance only to find out that since their condition was already present they cannot be covered if they should suffer a flair up or relapse? These are some of the main reasons that PPI insurance should be carefully mandated by the government so that things like this cannot happen. Unfortunately, to date it has not been and as a result hundreds of thousands of people have suffered great financial losses and will continue to do so until the problem is brought under control.

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Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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