about ppi

PPI is a convenient abbreviation for RBS Payment Protection Insurance. PPI is often used to refer to any insurance policy designed to help borrowers insure their payments, including RBS Income Protection (IP), RBS Loan Protection Plan (LPP), RBS Mortgage Payment Protection (MPP), RBS Mortgage Payment Protection Plan (MPPP), RBS Overdraft Protection, RBS Accident Sickness & Unemployment cover (ASU), RBS Payment Protection Plans (PPP) plus numerous other names RBS have used, which may include the words Payment, Income, Protection, Accident, Unemployment, Redundancy, Sickness or Income.

PPI is supposed to cover your monthly payments if you are unable to work. However, according to the Citizens Advice Bureau, 85% of people who are unable to work discover they cannot claim any money due to exclusions in the small print. Your RBS Bank, card statement, Bank statement or Loan agreement should list PPI (or whichever name RBS have used to describe it) as a separate charge which is the quickest way to find out if you have a PPI.

RBS use different names for their PPI and some people are unable to find their paperwork. If you are unsure, or cannot locate or understand your RBS paperwork, simply click on our How Much Can You Claim link or telephone us on 0207 046 6300.

natwest ppi news
   NatWest customer complaints rise by 75%
   NatWest PPI mis-selling bill hits 2.6 Billion
   PPI expose: how Natwest Bank drove staff to mis-sell the insurance
   Bailed-out NatWest bombarded as PPI claims see complaints soar 75% in six months
   The FCA is forcing lenders re-open over 2.5 Million PPI cases
   Natwest put me in debt to fix its £7,355 error
   NatWest and RBS fined £2.8m over complaint handling failures
   £22 Billion is set aside by Banks to compensate for PPI
   Four Million more customers may be entitled to PPI pay outs