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Follow on Google News | Payment protection insurance Claim by Admiral PPI ClaimsAccording to estimates, around three million Payment protection insurance policies buyers are waiting for their claims to be settled with each settlement resulting in average payout of £3,500 each.
According to estimates, around three million Payment protection insurance policies buyers are waiting for their claims to be settled with each settlement resulting in average payout of £3,500 each. After a protracted legal battle that ended in the favor of customers, lenders, credit card issuers and banks like RBS, Lloyds-HBOS, HSBC and Barclays are expected to repay at least £9bn to the victims of what is now called the biggest mis-selling scandal in the history of UK. The British Bankers Association refused to accept the new rules for settling mis-sold Payment protection insurance complaints and this resulted in a protracted legal battle. Customers won and became eligible to receive compensation when the HC ruled against the BBA and it decided not to appeal the Court's decision. Types of Payment protection insurance (PPI) Have you become a victim of mis-sold Payment protection insurance (PPI)? There are different types and forms of payment protection insurance (PPI). You might have been sold a variant and may have still ended up as a victim. Check whether you have purchased any policy given below in the past: • Loan cover or loan protection insurance • Employment cover or insurance • Illness cover / sickness cover • Accident cover / accident insurance • Credit card repayment insurance / cover • Hire purchase repayment insurance / cover About PPI Reclaim Company Admiral Claims is regulated by the Ministry of Justice in respect of regulated claims management activities Registration number CRM27182. Company registration number SC346006 For more detail visit :- http://www.paymentprotectionclaim.co.uk/ End
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