Missold Payment Protection
In the past many people who took out loans, mortgages or credit cards were also
sold something called payment protection cover. The catch is that no one over the age of 65 is
usually able to receive the benefits of a policy such as this. This means essentially that these people
have been missold payment protection. The trouble occurs when this mistake is
not caught in a timely manner. This means the person pays into the policy for a
number of years before it becomes evident that he/she was missold payment
protection. When this happens the one thing that becomes crystal clear right
away is that the money he/she has paid for the policy with the monthly payments
has essentially gone right out the window. As a result the natural reaction is
to try and get the money back.
If you are over 65 and have been missold payment protection then get help right away. Payment protection insurance claims
have become increasingly common and you have the right to make a complaint. Many
people who have been mis-sold an unsuitable policy have already received payment protection refunds.
You can approach your bank directly and appeal to the Financial Ombudsman
Service if necessary, but if you would like assistance with your claim we could
For more information regarding the claims process or to start your claim,
complete our online claim form or call one of our claims handlers on 0207 471
2000. Remember, you could have been missold payment protection on a loan,
mortgage, hire purchase agreement, store or credit card. You can even make a
claim if you have paid off your loan or no longer use your card.
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