Victim Of PPI
If you are mooting the option of going for a PPI reclaim, i.e., Payment Protection Insurance claim, then there is no doubt that you have been a victim of the false promises by the company which has provided you with either mortgage loans or ban loans or even credit card loans. There are many cases wherein a customer has been included into PPI coverage even without the notice of the customer. The Payment Protection Insurance is an insurance cover that will help in protecting your mortgage and will help you by paying back your mortgage loan to the lender if you are faced with a situation wherein you might have lost your job or might have suffered a major illness and are not able to pay the mortgage amount. The main problem here is that the PPI coverage is an additional burden on your shoulders without you even knowing about it. If you are facing such a situation, then it is about time that you staked claim on your PPI claims.
Online Reclaim Process
With the advent of the internet and high speed connectivity, each and everything can be bought and sols online and making PPI reclaim process online is not a big deal at all. One of the easiest and the simplest way of reclaiming your payment protection insurance amount that has been deducted from your account is by going for online PPI reclaim. I am ideal for you to seek a lot of help and information on the procedure to claim PPI and the best way is to learn the details for the same on the internet. There may be many laws and procedures which you might not be familiar with while going for an online PPI claim and the best option that is open for you is to seek the help of good financial experts who deal in insurance claims like these.
Steps Involved
It is very important for you to search for the PPI reclaim form online and then fill in the application form that is intended for reclaiming the payment protection insurance coverage. Most of the firms who have received the PPI claim form will call their clients in order to check whether they have submitted such a reclaim form or not. Moreover, it is vital for you to keep on contacting them online as well as over the phone in order to make the lending companies to heed to your reclaim request. It is vital for you to prove that you have been sold a mis-sold PPI and that you are not aware of such a policy being sold to you by the lender.
Conclusion
It is very important for you to keep on repeating calls as well as letters to the lending company to get your reclaim process activated and there must be a lot of pressure put up from your end to get the PPI claim initiated. If the lending company rejects your PPI claim for some lame excuses and if you feel that you have valid reasons to PPI claim, then it will not be a bad idea to approach the financial ombudsman.
