May 16, 2010
Competition Commission step nearer to banning PPI
The Competition Commission is pressing ahead with its proposal to ban the sale of the controversial payment protection insurance (PPI). Under a PPI policy, an agreed sum of money is paid out each month to fully cover, or cover a percentage of the payment due on your mortgage or loan if you are unable to work, as a result of becoming unemployed or sick. However, it was established last year that financial providers commonly boosted their profits by incorporating the cost …
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Competition Commission step nearer to banning PPI
Filed under UK Insurance, UK Mortgage Protection by on May 16th, 2010.
Comments on Competition Commission step nearer to banning PPI
I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!
Payment Protection Insurance Moneyback Guide –
More than 21,400 complaints have been lodged over controversial payment protection insurance since April – including nearly 2,000 last week alone, figures have revealed.
I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!
stroupeflean: payment protection insurance, ppi, ppi claims