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There has been quite a bit of controversy over recent years about payment protection insurance (PPI), mainly due to overzealous brokers making use of dishonest procedures when selling it to customers. The term now used for this activity is termed mis sold payment protection insurance or mis sold PPI.

In numerous cases of this mis-sold PPI, the loan providers would lie and tell the potential loan borrower that they would not be granted a loan without getting the PPI. This indeed was a falsity and a measure to deceive. In these cases, the borrowers that did agree to buy the PPI were charged a greater priced policy than if they had obtained PPI on their own.

Other borrowers may not even realize they purchased a payment protection insurance policy. It might be a wise choice if you had received a loan or mortgage and were never offered PPI to check and see if you are paying for a policy you never agreed too.

We have a short list of questions to ask to see if you were mis sold payment protection insurance.

* Did the lender tell you the policy was not optional, or did they suggest that the PPI cover was required in order to receive the loan?
* Did the lender ask about your employment situation and if you had any pre-existing medical conditions?
* Did the lending company allow you to look into the policy terms and conditions before the close?
* Did the lender ask you if you owned some other insurance that would cover such risks?
* Were you sold PPI while self-employed?
* Were you told of the limitations and just what pre-existing conditions may not be covered?
* Did the lending company advise you on the the total APR would be of your loan with PPI incorporated?
* Finally, if you did purchase payment protection insurance and if you tried to cancel it, were you denied?

In the event you responded yes to any of these questions it is likely that you may have a case to be able to file the ppi claims. There are numerous ways one can do this. It is possible to contact specialists in the field that will help you with the claim. Many companies will do everything trying to acquire a fair settlement for you. You can also pursue your mis sold payment protection insurance claim by getting in touch with the Financial Ombudsman and get the information necessary to file.

You might be able to file PPI Claims if you believe you were mis sold payment protection insurance, contact Simplicity Claims, they can act on your behalf filing or offer you more information.