Monday, July 17, 2006

 

Payment Protection for the UK

Payment Protection Insurance would cover you for all those necessities as the mortgages, loans, credit/store cards or catalogue payments etc. by way of your monthly repayments in the event you meet with an accident or a certain illness where in you are not being able to work or turn jobless. Under these circumstances, the insurance company would pay for your monthly repayments or a part of it for a considerable period of time. This coverage also helps you even at the uncanny alterations of your personal circumstances. But it is all the more important to remember the period of time for which PPI remains activated, usually up to 12 months or 24 months. It is possible for you to make claims even after this period gets over, if it is said within the terms and conditions of your policy.

Comments:
PPI is widely sold by banks and other credit providers as an add-on to the loan or overdraft product. PPI Claims Management

 
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