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Personal Protection Insurance UK

Personal protection insurance UK policies need to follow certain guidelines as established by the government. This includes how PPI cover is sold to consumers. If there is any evidence that personal protection insurance UK was mis sold the consumer is urged to get his or her money back from the lender. This is accomplished by filing a mis sold PPI claim requesting to be reimbursed for any money spent on the cover. There is a procedure for doing this and of course that procedure starts with proving that PPI was mis sold.

Personal Protection Insurance UK Guidelines

The guidelines for selling personal protection insurance in the UK are pretty strict. The lender is not allowed to misrepresent the product in any way as this is violating the public trust. It is the lender's responsibility to discuss with the consumer optional PPI coverage. The lender is not allowed to tell the borrower that a loan is contingent upon purchasing PPI cover. This just is not true. Also, the lender cannot mandate any specific insurance provider for the consumer to use so the consumer is always free to choose which personal protection insurance UK carrier he or she wishes to buy cover from. So many lenders have recently told potential borrowers that they must use the company were recommended by the lender. If there is some way of proving this you have a very good claim. Of course, the most obvious way of proving that you were coerced into using the company the lender wants you to use is to look at the loan documents to see whether there is a tick off box for you to opt out of this cover. The law is very clear in saying that you have the option to purchase this cover and by implying that you need to opt out is evidence of misselling personal protection insurance UK.

What The Financial Service Authority Says about Mis Sold Payment Protection

An investigation by The Financial Services Authority opened the door for those who have been mis sold payment protection to make a claim. If you have a mis-sold PPI refund due, but  you and are unsure how to go about filing a claim you could speak with a  claims handler  who can discuss your options with you. Keep in mind that a good claims specialist will charge a fee only after your claim is successful. They will also be registered with the Ministry of Justice who oversees financial matters of this type and will be available to you as often as you need their assistance whilst your claim is active. To get started on filing your claim, consult with Belmont Thornton's specialists at 0207 471 2000


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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 B16, 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.

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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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