Payment Protection Insurance (PPI) was commonly sold alongside loans and other financial agreements generating billions for banks. There is a chance that Payment Protection Insurance was added to your policy without you knowing or mis-sold because it would never provide the cover you needed.
Credit Card PPI
Payment Protection Insurance (PPI) was commonly added to Credit Cards. Thousands of people have been mis-sold policies by all the big lenders totalling millions of pounds.
Mis-sold Mortage PPI
Mortgage Payment Protection Insurance (PPI) was sold alongside thousands of mortgages. Although it was designed to cover repayments should you be unable to work, thousands of policies were mis-sold by mortgage advisors who focused on their own financial gain, not what their customers needed.