With such a large array of ways that payment protection insurance policies were mis sold it can be a minefield to navigate through them all to assess the possibility of you making a payment protection insurance claim back in order to get yourself a refund for your policy.
Assessing your suitability of making a payment protection insurance claim is made easy by using our easy to follow check list.
If you can answer ‘Yes’ to any of the following statements on our PPI claims checklist then it is exceptionally likely that you were mis sold your payment protection insurance policy and in turn can now get started with the simple PPI claims process which will get you all of your money returned to you. Even if you answer ‘Yes’ to the very first statement you should continue through the check list to identify all of the potential ways that payment protection insurance was wrongly sold to you. The more ways in which you have become a victim of the scandal means the stronger your claim will be and as a result an increased chance of getting your payment protection insurance claim refund in a relatively simple manner hopefully avoiding any potential issues that arise in some individuals claims through not supplying enough information.
The first part of the checklist surrounds your status at the time of the sale of the payment protection insurance policy and assesses your suitability for the policy.
- You were aged under 18 or over 65 at the time the policy was sold or would reach this age during the term of the payment protection insurance policy cover.
- You were a self employed worker at the time the policy was sold.
- You were working under 16 hours per week.
- You were employed on a temporary basis or working on a contract basis
- You were employed on a permanent contract but you had some awareness that your employment was approaching an end through issues such as redundancy.
- You were unemployed, a student or retired.
- You had a pre-existing health condition
The second and final part of the PPI claims check list is in regards to the way the policy was sold to you regardless of your eligibility
If you say ‘No’ to any of the following points you may be able to make a PPI claim as you were probably mis sold the policy. It is common that if you found yourself saying ‘Yes’ to one of the above points you will find yourself saying ‘No’ to many of the points below and this is due to the sales advisor’s lack of adherence to their important duty of care towards you.
- The sales advisor discussed all of the various policy requirements and how a change in circumstances in regards to your employment status would then as a result effect the policy and whether or not you could make a claim on it to cover your repayments if required.
- You were informed that certain illnesses and health problems such as back problems, some muscle problems and mental health issues such as stress and depression would not be covered by the policy if you couldn’t work because of these.
- Applicable if your policy was sold after January 14th 2005. If your sales advisors used terms such as “We recommend this policy” and then you bought the policy it was followed by them creating a Demands and Needs statement.
- You knew you were being sold the payment protection insurance policy before it was actually sold to you.
- You were informed that the policy was optional. Any forceful behaviour of any kind results in the payment protection insurance policy being mis sold.
- You were advised that to get the chance to get the very best deal available on the market for payment protection insurance you should look at the deals and policies that were on offer elsewhere.
- After collecting all of the ways that you were mis sold payment protection insurance you can then progress your claim, either by submitting such information in a letter to the bank or requesting the service which is offered by PPI Claims Advice Management Company.
Deciphering the complicated sales procedure that occurred with PPI policies and then finding all of the ways in which payment protection insurance was mis sold to you generally is the most complicated part of the PPI claims process. Beyond this, especially if you are using PPI Claims Management the process is somewhat hands off and unless problems occur with your claim or it is not upheld by the bank you just need to wait for your payment protection insurance policy to be paid out to you!