(PRWEB UK) 15 October 2013
In order to offer assistance to those individuals who have questions about payment protection insurance (PPI) policies and who want to recover the funds that are owed to them, the firm has launched an informational website at http://ppiclaims360.co.uk/.
PPI policies are often sold alongside certain loans or lines of credit, including mortgages and credit cards. The idea behind a PPI policy is that should the person applying for the credit become ill or injured or die, he or she is insured for any payments due on the loan during that time. Unfortunately, many lenders have mis-sold these policies to people who are not even eligible for coverage, or have represented a PPI policy as a required part of the loan application when that is not the case.
Following an investigation into these sales practices, the High Court handed down a ruling in 2011 stating that any person in the UK who has purchased a PPI policy under false pretenses is entitled to his or her money back. However, that person must file a claim in order to obtain these funds.
For those individuals who do not have the requisite legal knowledge or resources to file a PPI claim, visiting the firm’s website is intended to be an essential first step to recovering what they are owed. The site can help these individuals to determine whether they are eligible for a refund, and can guide them through the process to filing a claim.
The launch of this website marks an important moment in consumer rights. At no direct cost to them, thousands of UK citizens can now seek professional advice and assistance in order to recover money that rightfully belongs to them.
ABOUT ULAW: ULAW has years of experience recovering funds for their clients. We recover PPI policy payments on a no win no fee basis, so if you do not recover your money, you do not pay us.