If you have payment protection insurance going on right now — stop right here. You might not want to hear this, but your policy could be completely bogus. It’s not that you were sold a policy that would never work. However, there is a strong possibility that if you were to actually activate the loan’s payment protection insurance, you would be denied. How can that be? It all goes back to the salespeople that just pushed you into the loan. If you needed money right away, you were probably told that you had to just deal with PPI. This isn’t the case at all. After all, who wants to live with PPI anyway?
The reality is that if you already have a preexisting health condition, you should have never been offered any type of cover that addresses your health. A pre existing condition negates any type of cover unless otherwise specified. This means that if you were to get a policy anyway, your claims would probably be denied on the basis of having the preexisting health problems. It’s not a fair system by any means, which is all the more reason why you need to have your voice heard. Far too many people suffer in silence, thinking that their voice doesn’t matter.
Thankfully, you can always get a claims company to stand by you. PPI isn’t something that you want to just wait around, hoping that it’ll fix itself. The only way to get out of payment protection insurance and have your premiums returned to you is to get legal attention on the matter.
There are multiple twists and turns with PPI, twists and turns that you really do need to have someone look into on your behalf. Hiring a claims company also means that you don’t have to spend night and day trying to figure everything out on your own. It’s better to think about the bigger picture rather than getting sucked into what you think is the right answer. Be sure that you pay close attention to this as much as possible.
Good luck with your upcoming PPI fight. It might sound hard at the beginning, but just trust the solicitors — they will not steer you wrong if they can help it!