What about Payment Protection Insurance (PPI) mis-selling?
Payment Protection Insurance (PPI) is one of the more commonly mis-sold types of insurance. The way that payment protection policies were sold in the past means you may already have this type of insurance. It’s worth checking the terms of any mortgage, credit or store card, overdraft and loan agreements you have. You might have been mis-sold PPI if you read any of the following wording in a policy:
- Payment cover
- loan protection
- loan care
The Financial Conduct Authority (FCA) has set a deadline of 29 August 2019 as a cut-off date for any claims on mis-sold PPI policies. If you’d like to make a claim, you can write to the PPI complaints department of your provider (their address should be clearly advertised) with your policy number and the date you bought the cover, along with any relevant proof (such as statements or documents).