Belmont Thornton Logo
Claim Back Loan Insurance

How to Claim Back Personal Protection Insurance

A significant number of people are still not convinced that personal protection insurance is altogether a bad thing. Although there have been a number of claims on mis sold PPI, it could have been a great cover if it had been designed a bit better with the needs of the average UK consumer in mind. Unfortunately, payment protection insurance offers little cover for the average working family, the people who need it the most. Many individuals have had this cover misrepresented at purchase so that when the need arose they were unable to draw the benefits they had been led to believe were there. These are the people who are asking how to claim back personal protection insurance with ever increasing frequency.

Your Goal: Claiming Back What Is Yours

When filing a PPI claim it is important to recognise that the goal is to get a refund on any money that was paid into personal protection insurance. Therefore, you are well within your rights to question how to claim back personal protection insurance. Yes, you may be angry that you were not given the cover the lender assured you that you would have, but more importantly you want your money back - plain and simple. Therefore, the first item on your list of steps in how to claim back personal protection is calculating how much you have paid in.

Calculating Your Refund

When making calculations don't forget to take interest into account! Many loans charge a one-time premium for payment protection and then amortise it out over the term of the loan but there is the 'slight' matter of interest. You will not have a sufficient answer to how to claim back personal protection insurance until you realise that lenders are making their profit off the interest you are paying on personal protection insurance.

Learn From the Mistakes of Others

After you have all your facts and figures lined up it is time to actually filing a claim on mis sold PPI. At this point you could tell the lender that you are looking into how to claim back personal protection insurance but learn from the mistakes of others. Many lenders are offering a small refund when cancelling PPI and not at all the amount those borrowers had coming to them based on what they had paid into the programme. This is where it helps to pull out the 'big guns'.

Contact Belmont Thornton to speak with a member of our PPI claims team. Not only will they explain how to claim back personal protection insurance they will also show you how easy it is when filing through Belmont Thornton. We will never willingly settle for a small refund if you have paid much more into you insurance cover and we will make every effort to see that you get the amount due in mis sold PPI. Armed with knowledge of current PPI legislation and thousands of successfully filed claims, the claims team will go to work to help you claim back what is rightfully yours.

All you need to do is tell the team you are interested in how to claim back personal protection insurance and they will help you with the rest. Call today on 0207 471 2000 to speak with a member of the team.

Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Why Choose Us?

  • TickAbsolutely No Upfront Costs. No Win No Fee*
  • TickSpecialist Claims Team Always On Hand To Answer Your Questions
  • TickQuick, Easy And Simple Process
  • TickU.K. Based Call Center
  • TickGuaranteed To Start Your Claim In 24 Hours

Loan claim: Building societies warn of house price bubble

The Building Societies Association (BSA) is the latest to warn about the potential house price bubble that could arise f...

Bank claim: Lloyds raised concerns on Co-op finances

Lloyds Banking Group was aware that the financial position of the Co-Operative bank was unstable, said Lloyds chief exec...

Loan claim: first time buyers locked out for a decade

First time buyers will have to save up their deposit on a house for more than ten years, according to research from the ...

Bank charges: Commission tackles issue of RBS

The weak position of the Royal Bank of Scotland (RBS) is damaging to the UK economy, according to the Parliamentary Comm...

Bank charges: Report says customers and taxpayers were failed

Customers and taxpayers have been failed by the financial sector, according to the final report from the Parliamentary C...

Belmont Thornton Limited is regulated by the Financial Conduct Authority in respect of regulated claims management activities; FRN:838450

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.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide