Payment Protection Insurance, as the name says, is the insurance scheme which could protect the person and pay for loans in case s / he is incapable of paying it through his / her own means. There could be a variety of reasons for such default. In either case, if the person believes that s / he might not be capable of paying for the entire obligation of the loan, PPI is a potential option. This policy is offered by various banks as well as insurance companies.
But corruption has its roots everywhere and out of greed, insurance agents have started the mis selling of PPI and common people have to bear the brunt of ending up paying more money than the amount taken as loan. This is very unfair and thus the government has now started investigations against it. Still there are people who know very little of the mis selling of PPI and thus become the victims of mis sold PPI.
With the changing times, awareness amongst the customers has increased and an efficient solution for mis sold PPI has come up. The solution being PPI claims. You can now claim your money back in case it has been invested in PPI due to misguidance. The following situations are liable to opt for PPI claims.
Reclaim UK North West Ltd is a firm which would help you file your PPI claims. They have an excellent team of case handlers who would try their level best to reclaim your money and they would charge the fee only when the promised has been achieved.