Have you been mis-sold a Payment Protection Insurance Policy?
Thousands of people have!
At Bhailok Fielding we pride ourselves on our success rates in recovering premiums on behalf of all our clients. You could recover or be recredited thousands of pounds.
Have you taken out a loan or credit or store card in the last 13 years, if so you may be able to reclaim thousand of pounds.
How? Well you may have been sold a Payment Protection Insurance (PPI) policy alongside your loan. Many lenders such as Egg, Alliance & Leicester and First Plus have been fined by the FSA for the mis-selling of these products.
Payment Protection Insurance is designed to meet repayments generally for up to a year in the event of accident, sickness unemployment or death.
You may have been told the insurance was compulsory - it is not that alone could mean you were mis-sold the policy. In addition if you were self-employed, unemployed, retired or suffered from a pre-exisitng medical condition.
you may not have been entitled to cover under the terms of the policy.
In some instances people may not even know they have been sold a policy, they were simply added to the loan.
Payment Protection may have been added as a single lump sum policy to your loan or you may have been offered a regular monthly premium.
No Win No Fee*
Claiming for mis-sold Payment Protection Insurance has never been easier or quicker.
Our fee is only 25% + VAT of the total benefit you receive and is typically dealt with on a Contingency Fee Agreement.
This means that if your claim is not successful, you do not have to pay our fees for the work done on your behalf.
*However, this is subject to our Terms and Conditions of Business and in certain circumstances you may have to pay our fees if you end the agreement before the matter is concluded.
For example, if you fail to provide us with instructions or provide false and misleading instructions, we would be entitled to charge you for the work done on your behalf.
However, in most cases there is no charge for our work unless your claim is successful, in which case our fee is 25% plus VAT of the total benefit recovered by you as referred to above.
We will discuss other funding options with you when our claims specialist contacts you to discuss your claim in detail. There is no upfront fee for using our service.
Following our initial contact with you, we will raise your complaint with your loan provider.
We will request that the loan provider issues a response to your complaint within the regulatory timescales and if we are not satisfied with their response, we will ask the Financial Ombudsman Service to independently review your complaint to ensure that it has been dealt with fairly.
What can I expect to recover?
You should receive a refund of all the premiums you paid plus statutory interest at 8%.
If your loan was paid off early and you received a rebate of some premiums at the time this will be taken into account.
Similarly if you made a claim against the policy this will also be taken into account.
In some instances your refund may be applied to the loan to reduce the balance, you will however still be responsible for paying our fees.
Bhailok Fielding complete all the paperwork required for you and take the hassle out of making a claim.
We have the skills and expertise in financial mis-selling to ensure you receive back what you are entitled to.
