PPI Claims People
Many financial products - home mortgages, car loans, insurance policies, Credit cards, hire-purchase/lease arrangements - come with some form of Payment Protection Insurance (PPI), that protects the borrower through guarantees to the lender that they (the lending institutions) will get their money back if anything untoward happens to the borrower. Borrowers of course pay for such protection. Unfortunately, quite often, these protection tools haven't really stood up to their reputation, often failing to pay out against a claim made by the borrower. In desperation, consumers of such debt instruments have turned to professional PPI claims people who have taken up the fight on their behalf.
The challenge that individuals have in filing PPI claims on their own are huge, primarily because of the type of complexities created when a claim arises.
An insurance company may turn down a PPI claim that a borrower believes is justified. Insurance companies often point to "exclusion clauses" that are in the small print of their policies to justify denial of your claim In many cases, the consumers (you!) are not even aware that they have taken out a PPI policy that they really didn't want in the first place.