Claim Back Payment Protection Insurance

Online, November 23, 2012 (Newswire.com) - Payment Protection Insurance is a form of financial insurance sold alongside a loan, credit card or mortgage. PPI is supposed to help the people in time of need. It provides the facility of paying their loan continuously incase if a person falls ill or if he/she has an accident which prevent them from working.

PPI facility is provided by many banks. Claiming back PPI depends on various conditions. Some of them are as follows:

> Reclaim PPI when the policies do not cover the full term loan.

> Claim back PPI when the policies are made compulsory instead of being sold as optional for the people.

> PPI policies must be claimed when they were never used.

> Claim back PPI for polices not covering the self-employed.

> Reclaim PPI for policies not covering the pre-existing health conditions.

One of the best service providers for reclaiming PPI is WCUGUK - We Claim U Gain. Before claiming back PPI, various terms and conditions need to keep in mind as there are very clear rules that banks, finance companies and advisers have to follow when selling payment protection insurance. Research shows that many people who have opted for PPI policy but cannot reclaim PPI. Various conditions that need to be kept in mind before claiming back PPI are as follows:

> He/she must have considered all the existing health conditions before opting for PPI.

> The life time of PPI must be checked before reclaiming PPI. Usually the life time of PPI is 5 years.

> In case the PPI is paid as a single amount, just confirm whether it was advised that the cost of PPI is added to the loan or not?

The benefits that people get by opting for WCUGUK - We Claim U Gain to reclaim PPI are as follows:

> Firstly, the most important benefit is that they make the whole process very simple for the people in order to opt for the policy.

>Secondly, they work on the basis of no win no fee i.e., they take no upfront feed on PPI claims and it all subjected to terms and conditions that were set at the time of signing the policy.

> Thirdly, they handle all the paperwork and all correspondences.

> They always act in the interests of the clients and always try to maximize the value of compensation.

> Last but not the least; they are regulated by the Claims Management Regulator.

Company Profile Details:

Company Name : We Claim U Gain Ltd

Address : Matrix Alpha, Northern Boulevard, Swansea Enterprise Park

Company Website : http://www.wcuguk.com/

Contact Email : [email protected]

Contact No : 44.1792311578

City : Swansea

Country : United Kingdom

Postal Code : SA6 8RE