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Claim Back Loan Insurance

Loan Protection Miss Sold Policies

PPI, loan protection and payment protection insurance are all synonymous terms that are often used interchangeably. This is a type of insurance that is specifically designed to aid the borrower if he/she should find himself/herself in a situation of not being capable of making his/her monthly payments. Situations that could be cause for payment protection claims could be illnesses, sudden injuries, job lay offs and many others. However, there are also a lot of regulations and circumstances that PPI will not cover, no matter what. If you have a pre-existing condition, for example, such as a heart problem, arthritis, carpal tunnel syndrome or anything else that could incapacitate you and leave you unable to perform at work. If you injure your back while working, PPI does not cover that either. In addition, there are very strict age restrictions for PPI.

Lenders Selling to Everyone

There is a significant issue with lenders and loan protection miss sold policies which seems to be getting worse year after year. This is causing many people to file PPI claim backs. What exactly is it that constitutes loan protection miss sold policies? When a lender pushes loan protection on someone who is not qualified to receive benefits from the policy such as someone with one of the above mentioned situations or a person who is too old then this is a form of miss selling PPI.

Threats of Loan Denial

One tactic that many lenders use when trying to convince a borrower to purchase a loan protection cover is to use threats that the loan may not be approved without the policy being in place. This is one of the most common reasons for loan protection miss sold policies. No lender should ever tell a borrower that an optional policy is mandatory in order to be approved for a loan. Not only is this unprofessional but it is in poor taste. This is especially true if you consider that most of the people filing for PPI claim back as a result of loan protection miss sold policies are struggling as it is.

How Do I know If I Have a Loan Protection Miss Sold Policy?

If you are aware if any condition that may cause you to be denied coverage based on the information on this site and have PPI then there is a very good chance it was miss sold. If you do not even know if you are paying for loan protection the it would be a great idea to try and find out. After all, there are thousands of people who simply send the check every month and take what their lender has told them at face value.

Belmont Thornton is a specialist when it comes to helping people who are victims of loan protection miss sold policies. What's more is that they do not charge a single pound in advance. No money is charged unless your claim is accepted and you win a refund*. Since the average refund is £2,700 it is well worth a few minutes to call the claims team on 0207 471 2000 to see what we can do for you.


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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 www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit 16, Elysium Gate, 126 New Kings Road, London, SW6 4LZ and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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* 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.

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