What is PPI?
PPI is commonly known as payment protection insurance. Its role as a product was to help people cover payments on their loan if they became unemployed for a brief period of time, or were unable to work due to sickness. PPI policies were mis-sold to a variety of different consumers. The best way to discover if you were mis-sold PPI is to begin making a claim and one of our claims assessors will contact you to go through the details of your claim.
Making a PPI Claim
If you’ve been scratching your head wondering what is PPI and how the claims process works, then you can find some additional information here. Our legal representatives have a vast amount of experience in dealing with PPI claims and will ask the questions which will help determine if you have been mis-sold PPI. Once it is ascertained that you were mis-sold PPI, we can officially begin the claims process and will act on your behalf to ensure we get you the maximum possible compensation. Our highest settlement in Ireland is over €14,000 and our average claim is over €3,500. The process can take three to six months but some of our clients have been awarded lucrative settlements— so stop worrying about what is PPI and see if you are eligible for a claim.
Who is entitled to a settlement?
Anyone who has taken out finance in the last ten years may have been sold PPI. In some cases the clients were unaware that the policy was added, so it’s worth checking your finance agreements and credit card statements to see if it has been added without your knowledge. In other cases the sales staff failed to inform the customer that the policy was optional. You can find out more about PPI by heading to our FAQ section.
