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Problems with Payment Protection Insurance

There are many different problems with payment protection insurance but one of the most complicated of all is the way it is sold. If you listen to the name it sounds like a great cover. It is supposed to be in place to help you if you become ill, get into some kind of accident or have some other unfortunate event occur that causes you to lose income and become unable to make monthly payments. If it really worked like that then millions of people would not be claiming back PPI as a result of it being sold incorrectly. Another one of the problems with payment protection insurance is that there are entirely too many restrictions for cover! Whilst you can expect any insurance company to have guidelines about coverage, PPI companies are just over the top when it comes to creating loopholes and denying coverage. It is almost as if a new restriction is created to fit each claim as it comes in. This is why nearly 85% of all people who are supposed to be covered under PPI are denied repayment benefits.

Filing Claims as a Result of Problems with Payment Protection Insurance

Because of all the above mentioned problems with payment protection insurance there have been thousands of people up in arms over the issue. Many of them have filed complaints and are currently in the process of claiming back PPI they never should have been paying for. One of the problems with payment protection insurance is that you cannot cancel it like you can other policies. If you decide to just stop paying for it then you will surely default on your loan as this is normally consolidated into the loan payment itself. This means you pay all or nothing. If it were as simple as just refusing to pay that portion then there may not be as many problems with payment protection insurance. Most people are filing for PPI refunds and bank charges that they've incurred as a result of the mis sold policies.

Hiring Belmont Thornton to Help You File Your Claim

If you are in need of filing a claim for a PPI refund then you can do no better than file through Belmont Thornton, Belmont Thornton as we have helped literally thousands of UK consumers successfully claim back mis sold PPI premiums and interest. As well, we ask no deposit up front and work on a no win no fee* contingency. We want you to know that if you don't win, we don't win and that is just as it should be. We understand that at this point you've probably lost quite enough money and we do not want to create any hardships for you. To get on the fast track to claiming back your hard earned money, talk to a claims team member today on 0207 471 2000. If you prefer, fill out the quick claim form on our site and a claim packet will be in the post within 24 hours. Either way, time may be limited so don't delay.

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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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* 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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