Eligibility With regard to PPI

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Ppi, or PPI, is a type of insurance, which will come to rescue the individual when it's in monetary trouble and it has to pay large sum of money as the essential expenses to providers. It is made to help people who pass its eligibility criteria. The recent misfortune of mis sold PPI claims has made it unpopular among the people. However, it is still functioning but in the legal type. Polices are sold via reliable sources so that people might not get scammed in anyway. Still, federal government advises to complete proper study before buying any kind of PPI policy.

Age Limit

PPI coverage is for those who are in between 18 in order to 65 years of age. This means an individual who is either below 18 or above 65 can’t buy the coverage and if bought, it might not be eligible for making any legal PPI claim. Hence, it is recommended check the legal docs twice before buying the insurance policy.

Medical Condition

An individual who is suffering from any medical illness from the moment before acquisition of policy won't be able to make any kind of claims as per lawful rules of policy. Nevertheless, if there develop any health issue following the purchase of policy, it will be consider as per the insurance policy terms and conditions. Therefore, it is better to confirm any such problem before buying coverage so that it may not affect any kind of Payment Protection Insurance Claim afterwards.

Source of Income

It's very obvious that company won't like to assure any individual who does not have fixed source of income. In other words, those who are not really involved in any kind of employment, or are involved in self employment or contract dependent employment are not eligible for PPI coverage. In addition to this, all those who are involved in part-time jobs are unfit for buying Payment Protection Insurance, no matter if person has sufficient money to repay all the high quality of company.

Mis sold PPI Instances

The PPI policy is said to be mis sold whenever individual purchases a policy that it is not qualified. Such conditions arrive when individual doesn’t browse the docs carefully. Also, it's case when agent provides false information to buyer regarding qualifications criteria and terms and conditions. www.PPIClaims.info policy is also said to be mis sold whenever person buys it even if it is struggling with any illness beforehand and doesn't disclose it to the company.

Final Words

PPI claims can be made online or offline, in both methods. Filling form online requires few minutes then company customer service executive get in touch with the person for more processing. In offline situation, person visits the local office and fill up hard copy of form, executive confirm the details for further digesting.