Miss-selling of PPI could highlight need for legal help

The maze of payment protection insurance (PPI) miss-selling is slowly starting to unravel itself and thousands of people might want to seek legal help to see if they are owed compensation.

Liz Barclay, answering a reader's letter in the Independent, said that millions of PPI policies have been sold with mortgages, loans, credit cards and other high-specification products.

The reader, who was self-employed when they were sold the policy, was told by the expert that they would not have been able to make a claim, as it does not cover those who work for themselves.

"There are all sorts of other reasons why a policy shouldn't have been sold to someone: they were unemployed or retired when they took out the cover so they couldn't make a valid claim; had an illness that stopped them working," she went on to say.

Furthermore, those who had alternative insurance and weren't quizzed about it or were above the age limit on the policy should not have been sold PPI.

Recently, the British Bankers Association confirmed that it would not challenge a High Court ruling over the miss-selling of PPI, opening up compensation claims from thousands of victims.

Published by Rob Stanworth