Eligibility With regard to PPI

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Ppi, or PPI, is a kind of insurance, which comes to save the individual when it is in monetary trouble and it has to pay big sum of money as the essential bills to services. It is designed to help individuals who pass its eligibility criteria. The recent misfortune of mis offered PPI claims has made it unpopular among the people. However, it is still in operation but in the actual legal type. Polices are sold via trusted sources so that people might not get scammed in anyway. Still, government advises to complete proper study before buying any PPI policy.

Age Limit

PPI policies are for those who are in between 18 in order to 65 years of age. This means a person who is possibly below 18 or above Sixty five can’t buy the policy and if bought, it might not qualify for making any lawful PPI claim. Hence, it is recommended to check the lawful docs twice before buying the policy.

Medical Condition

A person who is suffering from any medical illness from the moment before purchase of policy will not be able to make any claims as per lawful rules associated with policy. However, if there develop any health issue after the purchase of policy, it will be consider as per the insurance policy terms and conditions. So, it is better to verify any such issue before buying coverage so that it might not affect any kind of Payment Protection Insurance Claim afterwards.

Source of Income

It is very obvious that company won't like to guarantee any individual who not have fixed source of income. In other words, those who are not involved in any kind of employment, or are involved in self employment or even contract dependent employment do not qualify for PPI policy. 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 premium of company.

Mis sold PPI Cases

The PPI coverage is said to be mis sold whenever individual buys a policy for which it is not qualified. Such problems arrive whenever individual doesn’t browse the docs very carefully. Also, it's case when agent offers false info to buyer regarding qualifications criteria and terms and conditions. PPIClaims.info coverage is also said to be mis sold whenever person purchases 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 offline or online, in both ways. Filling type online takes few minutes after which company customer care executive contact the person for more processing. In offline case, person appointments the local office and fill up hard copy associated with form, professional confirm the particulars for further processing.