Motley Fool: Britain’s Biggest Rip-off Gets Worse!

November 6th, 2006

Anyone who has been following the Fool articles for a while will know that payment protection insurance (PPI) is one of our pet hates.

In case you haven’t heard, payment protection insurance is optional cover which is sold alongside credit and store cards, mortgages, motor finance, personal loans and other forms of borrowing. If you are unable to work due to an accident, sickness or unemployment, it will meet your monthly repayments until you return to work, usually for up to a year for each claim….

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