What is Payment Protection Insurance?
Payment Protection insurance was originally designed as a form of protection for people with loans and credit cards. People who lost their jobs or became too ill to work would be safe in the knowledge that their PPI policy would cover repayments until they were able to make repayments again.
Unfortunately the vast majority of PPI policies are not truly worth the paper they are written on. The reasons could include:
- Policies not covering full term of loan
- Policies being sold as compulsory when they are actually optional
- Policies not covering injuries caused by long term illness
- Policies not covering the self-employed
- Customers not even being told they were purchasing PPI policies
These policies are simply not fit for purpose, not required or not even known about at time of purchase. The sales of these have been driven by commission hungry, pressure driven bank/broker employees who only had their monthly targets in mind and would add a PPI policy to a loan at a cost of thousands of pounds whether or not the client wanted, needed or even knew about the policy.
Our Fees
We charge a fee of 25% inc VAT of any successful claim after you have received your compensation.
We would also charge an upfront administration fee before taking on each case. This fee is £199.99. This is fully refundable if you do not have a claim.
Fantastic Family Offer
Do any of your household have a possible PPI claim? For only an extra £10 you can make a separate PPI claim for any member of your household; your partner, children or anyone else living at your property. Don't forget this additional charge is fully refundable if you do not have a claim.
Can I Claim?
At
Go Solutions we have a dedicated team of PPI claim specialists who will assess the viability of your claim.
Call us now on
08448 849 172 (9AM – 5PM) and speak to an claims adviser.