Payment Protection Insurance and Diabetes
Payment Protection Insurance (also called PPI) is a very common financial services product attached to insurance policies.
It is a form of insurance cover sold with mortgages, credit cards, personal loans and other products. Payment Protection Insurance is supposed to cover the borrower if he or she is unable to meet repayments due to unexpected circumstances.
The reason why a consumer could claim their PPI back is if they feel they were mis-sold the product.
If you have diabetes and have a payment protection insurance policy, you are likely to be able to claim back your PPI charges. Make a FREE, no-obligation PPI reclaim enquiry.
How do I know if I have PPI?
To determine whether you have PPI, check the paperwork you have for your finance agreement - usually a loan, credit card or mortgage.
Diabetes and PPI
People with diabetes may find PPI useless. Often, the Terms and Conditions contain exclusions relating to certain conditions, of which diabetes may be one.