Ferguson Financial Solicitors Ferguson Financial

Specialists in Financial Mis-selling

Call Ferguson Financial now on 0845 838 1360

PPI is Payment Protection Insurance but it is also known by lots of other names such as:

It’s a form of insurance that can be purchased alongside a loan, credit card, card finance or mortgage. The idea is that the policy covers the repayments on the credit in the event that you are unable to do so due to illness or unemployment.

In principle there is nothing wrong with this type of insurance, indeed it’s been around for decades. The problem however is that it’s very often mis-sold because it is unnecessary, overpriced or unsuitable.

Posted in: Individual