If you fall into any of these categories you should look to claim compensation for a well earned ppi refund. Read on for more information on how to reclaim PPI today.
Students Mis Sold PPI
Payment protection insurance is designed to cover people who have lost their jobs and protect their incomes; as a result students are not usually eligible for PPI, so would not be able to claim even if they were paying premiums.
Self Employed Compensation for PPI
The PPI miss-selling scandal first came to light regarding this group in particular. Self-employed people by their very definition do not have a job that they can lose, therefore the chances of receiving a pay out on their PPI policy are very slim should they lose their job. They may even struggle to make a case for loss of earnings due to ill-health. If you are self employed you are likely to have a strong case for missold PPI.
Pensioners Mis Sold PPI
Pensioners are another group not eligible to receive PPI payouts so should not be contributing towards a policy. Again, they do not have an income to lose due to job loss or ill health. They therefore should not be paying into a policy at all.
Contract Workers PPI Compensation
Similarly to the self-employed contract workers only work at a particular company for a set amount of time. It is therefore difficult for this group to claim on their PPI insurance if they knew in advance when their employment contract would end. If you were a contract worker when you took out the PPI policy the sales staff should have let you know about the situation in advance.