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Recent Posts
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PPI Archive
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What is the Purpose of Using a PPI Agent?
Posted on March 7, 2012 | No CommentsThe primary role of a PPI agent is to provide service to his customers, no matter whether the agent is online or at your door. This means explaining all the various types of protection policies that are available and the differences between the various covers and policy options. If the customer understands the covers that are being offered and the prices are competitive for the cover, then the agent has fulfilled his function. -
Payment Protection Insurance – Barclays Challenge Government ruling
Posted on October 23, 2009 | No CommentsBarclays scupper plans for PPI reform Plans to restrict the sale of payment protection insurance (PPI) at the point when loans or mortgage are granted have been set back following a successful appeal by Barclays bank. The Competition Appeal Tribunal has now been forced to... -
Payment Protection is the solution to National Debt management
Posted on July 6, 2009 | No CommentsInsuranceBlogger was calling for an overhaul of the way the Government manages unemployment back in November last year. The recent global economic events have seen record levels of unemployment in the UK. Now one of the UK’s leading experts on the cost of Unemployment and... -
Mis-Sold Payment Protection Insurance? Claim It Back Now!
Posted on June 19, 2009 | No CommentsHave You Been Mis-Sold Payment Protection Insurance? If you took out a loan, mortgage or credit card from a bank or building society in the UK the chances are that you were mis-sold payment protection insurance or PPI as it is often known. The law... -
Payment Protection Insurance Claims and Premiums Rocket
Posted on June 4, 2009 | No CommentsThe recent tide of misselling of Payment Protection Insurance in the UK , in particular the outlawed single premium PPI cover, is ripping back to catch those offending banks and lenders through the UK courts. If you have been ‘sold’ either Mortgage Payment Protection Insurance,... -
Single Premium Payment Protection Insurance is Outlawed Today
Posted on June 1, 2009 | No CommentsDEATH OF THE SINGLE PREMIUM PPI POLICY The new regulations regarding the selling of Single Premium Payment Protection Insurance come into force today, rather in the shadow of the Norwich Union name change to Aviva. The product, first thought up by the now despised and... -
What a bunch of Bankers! UK Banks challenge PPI ruling
Posted on May 6, 2009 | No CommentsFeelings are running high this morning in the Payment Protection Market and the consumer pressure groups with news that Barclays and Lloyds TSB are challenging the Competition Commission’s ruling to ban the sale of Payment Protection Insurance at the time of sale of a loan... -
Lifestyle Insurance: How to avoid the unemployment spectre
Posted on February 12, 2009 | No CommentsYesterdays latest unemployment figures were rather depressing with the official count just bubbling under two milllion unemployed in the UK at 1.9m. The January job losses have yet to be taken into account and with the closure of many high street shops and the recently... -
PPI – ignore after sales follow ups
Posted on February 5, 2009 | No CommentsIt’s nearly a week since the law was changed to stop the sale of piggy back protection products on top of loans and mortgages. Anyone taking out a new loan or mortgage (is there anyone out there?) now has fourteen days before the lending company... -
Banks Overcharge for Payment Protection Insurance
Posted on November 23, 2008 | No CommentsFollowing the £7 million fines imposed on Alliance and Leicester recently for the misselling of loan payment protection insurance polices, Simon Burgess of British Insurance explains why Banks have been ripping off their customers and overcharging sometimes as much as 1000% on prices which could...