There have been countless payment protection insurance policies that have been mis sold to the public. As a result of a court ruling, consumers who have purchased PPI insurance can now make a mis sold PPI claim. It turns out that some people were sold PPI without their knowledge. PPI could have simply been included in their loan agreement without giving them the option to purchase this insurance protecion or not. Some borrowers were even forced to buy PPI and some people were sold PPI even though they were not eligible for it. If you have purchased PPI insurance and you really did not need it you should file a mis sold PPI claim. If you were ineligible for the benefits, you should file a mis sold PPI claim. When you file a mis sold PPI claim you can get all of the money back that you have been paying on PPI insurance premiums.
People who were unemployed, self employed or retired at the time they were sold PPI can file a mis sold PPI claim. The reason why these groups of people can file a mis sold PPI claim is because they were not even eligible for coverage. If they were to need this insurance to kick in for them they would be denied the payment protection benefits of it because of their ineligibility. People who did not realize the exclusions that are included in the policy can file a mis sold PPI claim.
Also, if you had a medical problem at the time you were sold PPI, you can file a mis sold PPI claim. Having an existing medical problem makes you ineligible for PPI benefits as well. People over the ages of 65 or 70 are not eligible either so if you that age or older you when you bought this insurance you can file a Ppi claim. With all of the exclusions and mis representations, it is not hard to see why a policy holder can file a mis sold PPI claim. In order to make a mis sold PPI claim for premium reimbursement you can contact the bank or lending institution to let them know you are eligible for reimbursement for PPI. If the bank ignores your request you can get help from experts to file a mis sold PPI claim.