Reclaim mis sold PPI

Misselling claims process

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Reclaim Mis sold PPI

Payment Protection Insurance PPI Misselling claims process. For further clarification contact us and one of our advisers will conduct a FREE REVIEW, before advising on the most suitable way forward for Reclaiming Mis Sold PPI (Payment Protection Insurance) premiums.

 
Payment Protection Insurance We have the experience: How To write Professional Letters to Reclaim Mis Sold PPI attached to your loans or Credit Cards.

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PPI Misselling Claims Process

RCL ME will give guidance and advice on what steps can be taken to recover your financial loss and will ensure that you get the best advice possible for the pursuance of your claim.

The Financial Services legislation effectively introduced new rules for PPI in January 2005 so it is important to establish when the policy was sold as different rules apply to those sold before January 2005.  Policies purchased before this date will inevitably come under the jurisdiction of The Financial Ombudsman Service.

The Financial Services Authority (FSA) requires insurance companies to complete their investigations within eight weeks but in practice due to a heavy workload these initial investigations can take considerably longer. If the Policy Provider makes the decision to refuse or repudiate the claim on the basis that the policy was not mis sold. It will then be necessary to make a complaint to the Financial Ombudsman Service, who will carry out further investigation to establish whether or not a valid claim exists.

Should the Policy Provider now not be trading or has become bankrupt, a complaint can be made to The Financial Services Compensation Scheme only for policies sold after the introduction of the legislation.

Policies sold before the legislation do not have the protection of the Financial Ombudsman or Compensation Scheme however many insurance companies, Banks and Building Societies have agreed to allow complaints about policies sold before January 2005 to be dealt with by the Ombudsman.

Many people have been compensated so far and there are millions more people who are suffering  from the consequences of the plan that are yet to make a claim for compensation.

We offer free advice without obligation and guarantee that when we process your complaint we will achieve the monies to which you are legally entitled.

Find out if you are eligible to claim Contact us and one of our advisers will phone you back.

Reclaim Mis Sold PPI

Please note that the Ombudsman (FOS) will only receive one application for each policy complaint.

 
           

Right Conclusion Limited T/a RCL Mis Sold Equities is regulated by the Ministry of Justice in respect of Regulated Claims Management Activities. Authorisation Number: CRM 8855. view at www.claimsregulation.gov.uk

Registered with The Information Commissioners Office (ICO) for the purposes of the Data Protection Act. Registration Number: Z1033507.  view at www.ico.gov.uk

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Reclaim mis sold PPI misselling claims process