Mis Sold Payment Protection Insurance?

Have you got a loan, credit card or a mortgage? If you have then you may have payment protection insurance. In the UK millions of people who have loans, credit cards or mortgages have been mis-sold payment protection insurance.

Here at Gravitas Law we’re experts in reclaiming any monies due to you because the payment protection insurance policy was mis-sold. You may be entitled to a full refund of all your premiums, interest that you have paid on them plus 8% for every year the policy has been in place.

Originally payment protection insurance was set up to protect the consumer’s credit against accident, sickness and unemployment. In many cases the processes that should have been followed to ascertain if it was suitable were ignored. This is commonly known as mis-selling.

Commissions on the policies were good and many bank staff had targets to hit. This in turn meant that policies were sold regardless of whether or not the customer needed them.

There are many instances which could lead to your payment protection policy being mis-sold:

• You were not even told you were taking out PPI
• The policy didn’t cover the term of your finance
• You weren’t asked about pre existing medical conditions
• You weren’t made aware that the payment protection insurance was optional
• Self employed people weren’t covered
• Your quote was provided on a “fully protected” basis

In simple terms payment protection insurance was mis-sold if you didn’t need want or ask for it.

To find out if you qualify please contact us on FREEPHONE 0800 612 7014 or complete the form and one of our experienced claim managers will contact you.

Please note we do not charge any upfront fees, so you have nothing to lose and everything to gain.