Motley Fool: Rip-off Insurance Under Attack!
October 20th, 2006 | POSTED BY ROB
For nearly four years, The Motley Fool has been campaigning against one of the UK’s biggest financial scandals: the blatant mis-selling of, and overcharging for, payment protection insurance (PPI).
When you take out a credit card, personal loan, mortgage or other credit agreement, you’re sure to be offered (optional) payment protection insurance. This covers your monthly repayments for up to a year if you are unable to work due to accident, sickness or unemployment and (except for mortgage PPI) pays off your debt if you die….
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